Missouri Salaries: A Comprehensive Guide for 2024

Missouri Salaries: A Comprehensive Guide for 2024

Often called the "Show-Me State," Missouri presents a compelling case for professionals seeking a balance between rewarding career opportunities and an affordable cost of life. While it may not have the towering salary figures of coastal tech hubs, its robust and diverse economy offers significant earning potential, especially when its low cost of living is factored in. The average salary in Missouri hovers around $55,950 annually, but this figure is just the beginning of the story. Your actual earnings can range from approximately $30,000 for entry-level roles to well over $150,000 for specialized, senior positions (U.S. Bureau of Labor Statistics, 2023).

This guide will break down the salary landscape in Missouri, exploring the key factors that will influence your paycheck and the economic outlook for professionals in the state.

Understanding Missouri's Salary Landscape

Understanding Missouri's Salary Landscape

Unlike a specific job title, "State of Missouri salaries" refers to the overall compensation environment within the state's borders. Missouri’s economy is a dynamic mix of industries, each with its own pay scale. Major economic drivers include healthcare and social assistance, manufacturing, retail trade, and professional and scientific services.

From the burgeoning bioscience and fintech scenes in St. Louis and Kansas City to the state government hub in Jefferson City and the agricultural backbone in rural areas, your earning potential is intrinsically linked to your specific profession, location, and expertise. This article will help you navigate these variables to understand what you can expect to earn in Missouri.

Average Salary in Missouri

Average Salary in Missouri

To set a baseline, it's essential to look at the statewide averages. According to the most recent data from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics survey (May 2023), the salary landscape in Missouri is as follows:

  • Mean Annual Salary: $55,950
  • Median Annual Salary: $46,650 (This figure represents the midpoint—half of all workers in Missouri earn less than this, and half earn more.)

However, averages only tell part of the tale. The range of salaries is vast, reflecting the diversity of jobs across the state:

  • 10th Percentile: $30,230 (Typically represents entry-level, part-time, or low-wage service jobs)
  • 25th Percentile: $37,010
  • 75th Percentile: $64,370
  • 90th Percentile: $90,120 (Represents high-earning professionals, specialists, and executives)

*(Source: U.S. Bureau of Labor Statistics, May 2023 State Occupational Employment and Wage Estimates for Missouri)*

Key Factors That Influence Salary in Missouri

Key Factors That Influence Salary in Missouri

Your personal salary within Missouri will be determined by several critical factors. Understanding these drivers is key to maximizing your earning potential.

### Geographic Location: The Urban/Rural Divide

Where you work in Missouri has one of the most significant impacts on your salary. Major metropolitan areas command higher wages to compensate for a higher cost of living, while rural areas typically offer lower salaries but with greater affordability.

  • St. Louis, MO-IL Metro Area: As the state's largest metropolitan economy, St. Louis offers the highest average salaries. The mean annual wage here is $61,040. The area is a hub for healthcare, bioscience, finance, and corporate headquarters.
  • Kansas City, MO-KS Metro Area: A close second, the Kansas City metro boasts a mean annual wage of $60,280. It has a rapidly growing tech scene, a strong engineering presence, and is a major center for federal government employment.
  • Columbia, MO: Home to the University of Missouri, Columbia's economy is centered on education, healthcare, and insurance. The mean annual wage is $53,880.
  • Springfield, MO: A major hub for Southwest Missouri, Springfield has a strong healthcare and logistics sector, with a mean annual wage of $49,490.

*(Source: U.S. Bureau of Labor Statistics, May 2023)*

### Occupation and Industry

The industry you work in and your specific job role are paramount. High-demand fields with specialized skill requirements naturally offer higher compensation. In Missouri, top-paying occupations are concentrated in healthcare, management, and technology.

| Occupation Example | Mean Annual Salary in Missouri |

| :--- | :--- |

| Anesthesiologists | >$239,200 |

| Chief Executives | $228,880 |

| Family Medicine Physicians | $215,820 |

| Software Developers | $103,130 |

| Financial Managers | $145,560 |

| Registered Nurses | $77,590 |

| Elementary School Teachers | $54,920 |

| Welders, Cutters, and Solderers | $50,560 |

*(Source: U.S. Bureau of Labor Statistics, May 2023)*

### Years of Experience and Level of Education

Experience and education are universal drivers of salary, and Missouri is no exception.

  • Experience: As you progress from an entry-level position to a mid-career and then a senior or managerial role, your salary will increase substantially. According to salary aggregator Payscale, a professional with over 10 years of experience in Missouri can earn significantly more than someone just starting.
  • Education: National BLS data confirms a strong correlation between education and earnings. Workers with a bachelor's degree earn a median weekly salary approximately 68% higher than those with only a high school diploma. In Missouri, this holds true, with fields requiring advanced degrees (like law, medicine, and executive management) consistently being among the highest-paid.

### Company Type and Size

The type of organization you work for matters. Large, multinational corporations headquartered or operating in Missouri (e.g., Bayer, Emerson Electric, Cerner/Oracle) often have more structured and competitive compensation packages than small businesses or non-profits. However, startups, particularly in the St. Louis and Kansas City tech corridors, may offer competitive salaries and equity options to attract top talent.

Job Outlook in Missouri

Job Outlook in Missouri

The job market in Missouri is stable and poised for steady growth. The state's unemployment rate consistently hovers at or below the national average, indicating a healthy employment environment.

According to the Missouri Economic Research and Information Center (MERIC), high-demand growth sectors through 2030 include:

  • Health Sciences: Driven by an aging population and Missouri's status as a healthcare hub.
  • Information Technology: With strong growth in software development, cybersecurity, and data analysis in urban centers.
  • Transportation and Logistics: Capitalizing on Missouri's central location as "America's Crossroads."

Nationally, the BLS projects growth in many of these same fields, reinforcing that a career path in these sectors within Missouri is a sound long-term investment.

Conclusion

Conclusion

For professionals evaluating their next career move, Missouri offers a compelling value proposition. While the state's average salary may appear modest at first glance, its exceptionally low cost of living—among the lowest in the nation—means that your paycheck stretches significantly further.

Key Takeaways:

  • Affordability is Key: Missouri provides a unique opportunity to build a comfortable life without the financial pressures of more expensive states.
  • Location Matters: To maximize your salary, target the St. Louis and Kansas City metropolitan areas, which offer higher wages and a concentration of high-growth industries.
  • Specialize for Success: Your earning potential is directly tied to your industry, skills, and experience. Focusing on high-demand fields like healthcare, IT, and management will yield the best financial results.

Ultimately, building a career in Missouri is about more than just the numbers; it's about achieving a sustainable and rewarding professional life. With a stable job market and diverse economic opportunities, the "Show-Me State" has a great deal to offer the ambitious professional.