ST. PETERS NAMED 13TH BEST PLACE TO LIVE BY MONEY MAGAZINE
MARKS CITY’S HIGHEST RANKING, TOPS IN MISSOURI, AND 5th TIME ON THE LIST
Money Magazine has named the City of St. Peters to its 2020 list of the Best Places to Live in America, ranking St. Peters at No. 13 overall. St. Peters was the highest-ranked city in the State of Missouri. This is the fifth time that St. Peters has been ranked on this prestigious list, and it’s the highest the City of St. Peters has ever reached on the list.
In 2017, St. Peters was ranked No. 15 in the nation. St. Peters also made the magazine’s Best Places to Live in 2008, 2010, and 2012.
“We are honored that Money Magazine has again recognized St. Peters as one of our nation’s best places to live,” Mayor Len Pagano said. “To receive this honor in such a challenging year reminds me what community is about. It’s about neighbors working together, and it’s about caring for each other. We were chosen because of our great quality of life and the more than 8,000 new jobs in our community over the last few years both at the Premier 370 area and other new businesses, including retail. With the support of the people who live here, the businesses and entrepreneurs who stay and grow here and those who continue to serve their community every day including our great first responders, healthcare and all our essential workers, we are a great place to live, work, play and raise a family.
“I am truly blessed to serve as Mayor for such a special community.”
Money said in its story on St. Peters: “It’s not hard to find community in St. Peters: Local musicians perform in a free sunset concert series on summer Fridays (streamed on-demand this year due to the coronavirus). Each month the city organizes a day trip for residents. … The Rec-Plex, fondly referred to as the town’s ‘crown jewel,’ is a delightful, city-run recreation center” where families can enjoy Olympic-sized swimming pools, a NHL-sized ice rink, and 8,000 square feet of fitness equipment.
The magazine said St. Peters has a $79,000 median household income, 50% higher than in the state at large, and that 80% of St. Peters’ residents own their homes. A brokerage firm quoted by Money found that homes in St. Peters “are selling fast right now for about 1% above list price.”
Money uses a variety of data to help find places in America that combine affordability, economic growth, and quality of life. Here’s how a representative from Money explained how the magazine chose the Best Places to Live for 2020:
To create Money’s Best Places to Live ranking this year, we looked at cities and towns with a population of at least 25,000 and removed any with: more than double the national crime rate; a median income level lower than 85% of its state’s median; or little to no ethnic diversity. This yielded a list of 1,890 places.
To narrow our list, we then collected nearly 212,000 different data points, all of which was provided by research partner Witlytic. We considered data about economic factors, like employment opportunities, as well as housing, cost of living, diversity, health and safety, education, weather and lifestyle, and amenities — both for safety and entertainment.
Read more about St. Peters’ selection as the No. 13 City among the Places to Live in America.
Learn more about the City of St. Peters at www.stpetersmo.net.