Berkeley is a city in Missouri state in USA with a population of 8912 residents.. The poverty rate of Berkeley is 21.2%, which is 51% higher than national average. The typical household in Berkeley earns $35027 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 67.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Berkeley, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Berkeley remained 8.9%, which is 89% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Berkeley, only 11% of adults have a bachelor's degree and 43% have some college but no degree.

Cost of living in Berkeley is 81, which is 19% lower than national average. Median home value in Berkeley is $63100 , which is 73% lower than national average. While median income in Berkeley remained $35027, which is 48% lower than national average.