Counties › Missouri

Cost of Living in Madison County, MO

Population 12,729 · Census ACS 2020–2024 5-year estimates

Median rent$808
Median home value$159,000
Median household income$54,434

The median rent in Madison County, MO is $808/month, 22% lower than the Missouri median and 43% lower than the U.S. median. The median home value is $159,000, 52% lower than the national median. Households earn a median of $54,434 a year, 23% lower than the state median.

Affordability

Rent as a share of median income: 17.8%
Income needed for median rent (30% rule): $32,320/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $804/mo

Run your own numbers: mortgage calculator · hourly to salary

Madison County vs. Missouri vs. U.S.

Madison CountyMissouriU.S.
Median rent$808$1,033$1,413
Median home value$159,000$230,300$332,700
Median household income$54,434$70,702$80,734
Homeownership rate73.7%68.1%65.2%
Bachelor's degree or higher16.3%32.4%35.7%
Poverty rate13.2%12.6%12.5%
Unemployment rate4.8%4.0%5.2%
Work from home11.0%13.0%15.1%
Median age41.139.038.9

FAQ

What is the average rent in Madison County, MO?

The median gross rent in Madison County, MO is $808 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Madison County, MO?

Using the common 30% rule, renting a median-priced home takes about $32,320 a year in gross income.

Is Madison County, MO expensive to live in?

Rent there is 43% lower than the U.S. median, and the median home costs about 2.9 times the median household income.

Other counties in Missouri

St. Louis County, MORent $1,209 · Income $82,936Jackson County, MORent $1,197 · Income $68,577St. Charles County, MORent $1,370 · Income $104,692Greene County, MORent $989 · Income $61,479St. Louis city, MORent $997 · Income $56,160Clay County, MORent $1,243 · Income $88,468

Counties with a similar cost of living

Willacy County, TXRent $809 · Income $54,180Greene County, MSRent $802 · Income $54,276Prowers County, CORent $808 · Income $53,508Malheur County, ORRent $821 · Income $54,519Stephens County, GARent $820 · Income $54,754Cherokee County, NCRent $813 · Income $53,628

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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