Bates County, Missouri
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Bates County Compares
Detailed Income Statistics
Income Advisory: Bates County
Income Verdict
Bates County has a median household income of $57,914 and per capita income of $28,444 — a gap of $29,470, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $760/month and a median household income of $57,914, rent consumes approximately 15.7% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $57,914, residents of Bates County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $28,444 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Bates County earns approximately 2.7% below the Missouri state median household income of $59,503.
Data Story
About Household Income in Bates County, Missouri
Bates income below national standard
Bates County's median household income of $57,914 falls $16,841 below the national median of $74,755. While below national average, the county exceeds several of its neighboring counties in earning power.
Slightly below Missouri average
At $57,914, Bates County's median household income sits $1,589 below Missouri's state average of $59,503. The county ranks near the state midpoint, reflecting a fairly typical Missouri community economically.
Solid performer regionally
Bates's $57,914 median income outperforms lower-earning neighbors like Adair, Audrain, Barry, and Barton, placing it in the region's upper-middle tier. Only Andrew County's $74,007 and Atchison's $59,260 clearly exceed Bates in earning power.
Reasonable housing affordability
Bates County's 15.8% rent-to-income ratio provides comfortable breathing room for renters, sitting well below the 30% affordability threshold. The median home value of $154,800 pairs reasonably with local incomes to support homeownership pathways.
Invest steadily in Bates County
Bates County households earning $57,914 should direct 15-20% of income toward retirement accounts and diversified investments. With housing costs manageable, residents can channel savings into index funds and employer plans to build substantial long-term wealth.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Bates County
Your income is above the Bates County median
County median: $57,914 per year
vs. County Median
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vs. State Average
-3%
vs. National Median
-23%
Income Adequacy
Your monthly income ($4,826) vs. median rent ($760/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.