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 $37,900 in 2005, slightly higher than the U.S. average annual wage of $37,870. 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 | US Mean
Annual Wage | | Advanced Manufacturing | First-Line Supervisors/Managers of Production and Operating Workers | $52,950 | $49,210 | | | Industrial Engineers | $72,850 | $68,500 | | | Machinists | $38,240 | $35,350 | | | Mechanical Engineers | $66,010 | $70,000 | | | Tool and Die Makers | $48,230 | $44,940 | | | Financial Services | Accountants and Auditors | $60,750 | $58,020 | | | Actuaries | $116,050 | $90,760 | | | Credit Analysts | $47,930 | $58,110 | | | Financial Analysts | $61,920 | $73,130 | | | Insurance Underwriters | $48,270 | $56,480 | | | Loan Officers | $56,870 | $59,350 | | | Information Technology | Computer and Information Systems Managers | $96,420 | $102,360 | | | Computer Programmers | $64,890 | $67,400 | | | Database Administrators | $61,530 | $65,590 | | | Network and Computer Systems Administrators | $58,940 | $63,210 | | | Plant and Life Sciences | Biomedical Engineers | $80,980 | $75,380 | | | Food Scientists and Technologists | $51,530 | $56,840 | | | Mechanical and Clinical Laboratory Technicians | $29,360 | $33,170 | | | Medical Scientists, Except Epidemiologists | $55,010 | $63,360 | | | Microbiologists | $50,290 | $63,360 | | | Soil and Plant Scientists | $35,500 | $58,040 | | | Transportation and Distribution | First-Line Supervisors/Managers of Transportation and Material-Moving Machine and Vehicle Operators | $53,950 | $51,230 | | | Laborers and Freight, Stock, and Material Movers, Hand | $24,170 | $22,460 | | | Logisticians | N/A | $63,010 | | | Truck Drivers, Heavy and Tractor-Trailer | $37,520 | $35,460 | Source: U.S. Bureau of Labor Statistics, May 2005. |
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