Missouri is the twenty-first largest state by area, with a population of 6,126,452 (U.S. Census Bureau, July 1, 2019). Throughout history, there have been important milestones that helped shape Missouri. First European settlements date back to the mid-1700s with the arrival of French Canadians. Later, the United States acquired the Missouri territory as part of the Louisiana Purchase. Missouri's early economy was primarily a thriving center for the fur trade, agriculture, and transportation along the Mississippi River. With the advent of the railroad, Missouri welcomed major industries, most notably the Anheuser-Busch Brewing Company, which helped St Louis and Kansas City to flourish from the new commerce generated by the railroads.
Today, Missouri's economy has a GDP of $323 billion (Bureau of Economic Analysis, July 1, 2018), which is driven by these top industries: health care and social assistance, retail, advanced manufacturing, financial services, and agriculture and bioscience. Many of the leading Fortune 500 companies have their headquarters in Missouri, including Emerson Electric, O'Reilly Automotive, and Jones Financial, to name a few.
The most recognized cities in Missouri are St. Louis, Kansas City, and Jefferson City.
St. Louis can be found in eastern Missouri and has a population of 314,867. St. Louis is home to the Museum at the Gateway Arch, Missouri Botanical Garden, and Forest Park. Over the last ten years, St. Louis' housing market has appreciated by 1.27% annually. When compared to the rest of the nation, St. Louis' housing prices are more affordable, with the median home price of $123,800 and a median rent of $780.
Kansas City is located in northwestern Missouri and has a population of 476,974. Kansas City is home to The Nelson-Atkins Museum of Art, Worlds of Fun, and National WWI Museum and Memorial. Over the last ten years, Kansas City's housing market has appreciated by 32.81%. When compared to the rest of the country, Kansas City's housing prices are significantly less, with the median home price of $139,900 and a median rent of $862.
Jefferson City is the capital of Missouri and has a population of 43,092. Jefferson City is home to the Missouri State Capitol, Missouri State Museum, and Runge Nature Center. Over the last ten years, Jefferson City's housing market has appreciated by 1.75% annually. When compared to the rest of the nation, Jefferson City's housing prices are less expensive, with the median home price of $140,200 and a median rent of $614.
|Single Family Homes for sale in Missouri|
|Average List Price||$304,338|
|Average Price Per Square Feet||$759|
|Condos for sale in Missouri|
|Average List Price||$246,171|
|Average Price Per Square Feet||$160|
|Townhomes for sale in Missouri|
|Average List Price||$345,799|
|Average Price Per Square Feet||$1,430|