Hazelwood, MO

Very Low · 62

Missouri · Population 25,214 · Updated March 2026

$956
Median Rent / Month
$55,930
Median Income
$154,900
Median Home Value
$1,004
Owner Costs / Month

Affordability

How far your income goes in Hazelwood

20.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Missouri

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
4.225%
Sales Tax
0.93%
Property Tax Rate

Estimated Annual Costs

$11,472
Annual Rent
$2,769
State Income Tax
$1,441
Property Tax (est.)

Cost of Living Overview

Hazelwood is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Hazelwood residents can expect to pay median rent of $956/month while earning a median household income of $55,930/year.

The median home value in Hazelwood, MO is $154,900, with typical monthly owner costs around $1,004 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Missouri has a moderate income tax rate of 4.95%. Combined with a 4.225% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Hazelwood.

Frequently Asked Questions

Common questions about living costs in Hazelwood

What is the cost of living in Hazelwood, MO?
The cost of living index in Hazelwood, MO is 62 (US average = 100). Median monthly rent is $956, median household income is $55,930/year, and the median home value is $154,900.
Is Hazelwood, MO affordable?
Yes, Hazelwood is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 20.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hazelwood, MO?
The median gross rent in Hazelwood, MO is $956 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,472.
What is the median household income in Hazelwood?
The median household income in Hazelwood, MO is $55,930 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Missouri?
Missouri has a top income tax rate of 4.95%, a sales tax of 4.225%, and an effective property tax rate of 0.93%.