Everything You Need to Know About the City of Columbia Missouri

In 2017, Columbia, MO had a population of 119k people with a median age of 27.6 and a median household income of $47,236 dollars. Between 2016 and 2017 the population of Columbia, Missouri grew from 117,165 to 118,620, a 1.24 percent increase and its median household income grew from $45,221 dollars to $47,236 dollars, a 4.46 percent increase.

The population of Columbia, MO is 75.5 percent White Alone, 10.4 percent Black or African American Alone, and 5.96 percent Asian Alone. N/A% of the people in Columbia, MO speak a non-English language, and 95.1 percent are U.S. citizens.

The largest universities in Columbia, MO are the University of Missouri-Columbia, Columbia College, and Stephens College.

The median property value in Columbia, MO is $185,300 dollars, and the homeownership rate is 46.7 percent. Most people in Columbia, MO commute by Drove Alone, and the average commute time is 15.8 minutes. The average car ownership in Columbia, MO is 2 cars per household.

 

Education in Columbia

In 2017, universities in Columbia, MO awarded 14,387 degrees. The student of Columbia, MO is skewed towards women, with 20,177 male and 25,214 female students.

Most students graduating from Universities in Columbia, MO are White (10,096 and 74.1 percent), followed by Black or African American (1,678 and 12.3 percent), Hispanic or Latino (747 and 5.49 percent), and Two or More Races (395 and 2.9 percent).

The largest universities in Columbia, MO by the number of degrees awarded are University of Missouri-Columbia (9,150 and 63.6 percent), Columbia College (177065) (4,874 and 33.9 percent), and Stephens College (226 and 1.57 percent).

The most popular majors in Columbia, MO are General Business (1,592 and 11.1 percent), General Studies (1,498 and 10.4 percent), and Journalism (630 and 4.38 percent).

The median tuition costs in Columbia, MO are $19,428 dollars for private four-year colleges, and $8,460 dollars and $25,179 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Columbia

The economy of Columbia, MO employs 64.1k people and Columbia has an unemployment rate of 2.3 percent. Columbia has seen the job market increase by 0.3 percent over the last year. Future job growth over the next ten years is predicted to be 26.8 percent, which is lower than the US average of 33.5 percent. The largest industries in Columbia, MO are Health Care & Social Assistance (10,927 people), Educational Services (12,434 people), and Retail Trade (7,412 people), and the highest paying industries are Utilities ($73,229 dollars), Public Administration ($51,416 dollars), and Wholesale Trade ($51,262 dollars).

Households in Columbia, MO have a median annual income of $47,236 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $45,221 dollars in 2016, which represents a 4.46 percent annual growth.

 

Tax Rates for Columbia

– The Sales Tax Rate for Columbia is 8.0 percent. 

– The Income Tax Rate for Columbia is 5.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Columbia

– The average earnings of a Columbia resident are $26,203 dollars a year.

– The Median household earnings of a Columbia resident is $43,776 dollars a year.