Wage Rates
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Greater St. Louis offers an affordable living for those who work here, and at the same time provides employers a competitive and reasonable market in which to do business. Overall, the combined mean annual wage for all St. Louis’ occupations was $40,630 in 2007, slightly lower than the U.S. average annual wage of $40,690. With the area’s low cost of living, these wage rates afford St. Louis workers a comfortable life, and at the same time provide employers an advantage over competitors operating in other, more expensive cities. | Wage Rates | | Industry Cluster | Occupation | St. Louis MSA
Mean Annual
Wage | U.S. Mean
Annual Wage | | Advanced Manufacturing | First-Line Supervisors/Managers of Production and Operating Workers | $57,370 | $51,740 | | | Industrial Engineers | $78,250 | $73,490 | | | Machinists | $40,290 | $36,370 | | | Mechanical Engineers | $79,950 | $75,130 | | | Tool and Die Makers | $53,370 | $46,520 | | Financial Services | Accountants and Auditors | $61,380 | $63,180 | | | Actuaries | $114,950 | $95,420 | | | Credit Analysts | $55,960 | $62,820 | | | Financial Analysts | $72,970 | $81,700 | | | Insurance Underwriters | $57,780 | $60,120 | | | Loan Officers | $60,640 | $62,610 | | Information Technology | Computer and Information Systems Managers | $100,260 | $113,880 | | | Computer Programmers | $65,270 | $72,010 | | | Database Administrators | $57,900 | $70,260 | | | Network and Computer Systems Administrators | $64,890 | $67,850 | | Plant and Life Sciences | Biomedical Engineers | $73,650 | $79,610 | | | Food Scientists and Technologists | $63,230 | $62,580 | | | Medical and Clinical Laboratory Technicians | $51,260 | $52,410 | | | Medical Scientists, Except Epidemiologists | $67,020 | $74,160 | | | Microbiologists | $57,340 | $66,430 | | | Soil and Plant Scientists | $54,960 | $62,970 | | Transportation and Distribution | First-Line Supervisors/Managers of Transportation and Material-Moving Machine and Vehicle Operators | $55,150 | $52,510 | | | Laborers and Freight, Stock, and Material Movers, Hand | $26,510 | $23,840 | | | Logisticians | $66,860 | $66,240 | | | Truck Drivers, Heavy and Tractor-Trailer | $40,170 | $37,560 | Source: U.S. Bureau of Labor Statistics, May 2007. |
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