More People, And Money, Leaving St. Louis Co.

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St. Charles Sign

CLAYTON, Mo. (AP)- More people are moving out of St. Louis County than moving in, and they’re taking money with them.

The St. Louis Post-Dispatch cites Internal Revenue Service figures showing that those who left the county from 2001 through 2010 earned an average of $8,000 annually more than those who moved in.

The result: St. Louis County lost $3.41 billion in resident income through migration.

IRS figures show that 440,000 people earning more than $10.6 billion in income moved into St. Louis County during the decade. But 492,000 people earning $14.05 billion left.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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