The median home price in Columbia is $172,000, below the national median but higher than the Midwest’s median. The city is growing, nearly 12% in the last ten years, but the overall cost-of-living remains 15% below the national average. Homes are readily available and come in all shapes and sizes, including single-family homes, condominiums, town homes, apartments and manufactured homes. There are older neighborhoods closer into campus and newer subdivisions, particularly on the north and south edges of town. The median price will purchase a very comfortable, 3 bedroom, 2 bath homes in one of the newer subdivisions.
Columbia has been ranked as high as the second-best place to live in the United States by Money Magazine’s annual list and is regularly in the top 100. Columbia has a diverse economy, and is often ranked high for its business atmosphere.
The city’s economic base relies on the education, medical, technology and insurance industries. Studies consistently rank Columbia as a top city in which to live for educational facilities, health care, technological savvy, economic growth, cultural opportunities and cost of living.
Columbia is fun as well as sophisticated. The District has an exciting mix of unique restaurants, specialty stores, galleries, and coffee shops. The Twilight Festivals in June and September bring thousands of people to The District for food, fun and entertainment. Art in the Park and the Fall Festival of the Arts are also a big hit. They showcase the work of local, regional and national artists.
Don’t miss these memorable events - Blind Boone Ragtime & Early Jazz Festival, honoring one of Columbia’s most renowned citizens, John William “Blind” Boone and the Heritage Festival, featuring exhibits honoring Lewis & Clark’s legacy.
Downtown Columbia is an area of approximately one square mile surrounded by the University of Missouri on the south, Columbia College on the north, and Stephens College to the east. The area serves as Columbia’s financial and business district and is the topic of a large initiative to draw tourism, which includes plans to capitalize on the area’s historic architecture, and bohemian characteristics.
6% (highest bracket) & 1.5% (lowest bracket)
$6.5265 per $100
University of Missouri and Stephens college are located here, In addition, the city is the headquarters of the University of Missouri System, which operates schools in St. Louis, Kansas City, and Rolla
Health Care is a large sector of Columbia’s economy with nearly one-in-six people work in a health-care related profession and a physician density that is about 3 times the United States average. Columbia’s hospitals and supporting facilities are a large referral center for the state, and medical related trips to Columbia are common. There are three hospital systems and within the city and six hospitals with a total of 1,105 beds. University of Missouri Health Care operates four hospitals: Columbia Regional Hospital, University of Missouri Hospital, Ellis Fischel Cancer Center and University of Missouri Children’s Hospital.