Cole County, Missouri

Income Data

+23% vs. Missouri average
$73,273
Median Household Income
$37,325
Per Capita Income

At a Glance

Median Household Income
$73,273
+23% vs. state avg
Per Capita Income
$37,325
-5% vs. national
Income-to-Housing Ratio
34.2%
income as % of home value
Rank in Missouri
#13 / 115
by median household income

How Cole County Compares

Cole County$73,273
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$73,273
Median Household Income
$37,325
Per Capita Income
$214,400
Median Home Value
34.2%
Income-to-Housing Ratio

Data Story

About Household Income in Cole County, Missouri

Cole County nearly matches U.S. earnings

Cole County's median household income of $73,273 trails the national median of $74,755 by just $1,482, placing it squarely in the national mainstream. This near-parity reflects a healthy, competitive regional economy.

Missouri's income leader in this region

Cole County's median income of $73,273 surpasses Missouri's state average of $59,503 by 23.2%, making it one of the state's strongest-earning counties. This $13,770 edge signals robust employment and economic opportunity.

Cole County tops regional competition

Cole County ($73,273) leads Clinton County ($70,625) and DeKalb County ($69,093), establishing itself as the income powerhouse of central Missouri. This regional leadership reflects a diversified economy and stable employment base.

Rental costs are very manageable

Cole County's rent-to-income ratio of just 13.2% is well below the 15% affordability benchmark, giving renters substantial financial breathing room. With a median home value of $214,400, homeownership remains within reach for typical households.

Strong income supports long-term planning

Cole County residents enjoy one of Missouri's best platforms for wealth building, with the financial capacity to invest aggressively in retirement and education. Consider working with a financial advisor to maximize tax-advantaged accounts and diversify investments.

Frequently Asked Questions

What is the median household income in Cole County, Missouri?
The median household income in Cole County, Missouri is $73,273, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Cole County?
The per capita income in Cole County is $37,325, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $73,273.
How does Cole County compare to the Missouri average?
Cole County's median household income of $73,273 is higher than the Missouri state average of $59,503. The per capita income is $37,325, compared to the state average of $31,011.
What is the per capita income in Cole County, Missouri?
The per capita income in Cole County, Missouri is $37,325, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Cole County income higher than the Missouri average?
Cole County's median household income of $73,273 is higher than the Missouri average of $59,503. This difference of $13,770 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Cole County rank for income in Missouri?
Cole County ranks #13 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $73,273 and per capita income of $37,325, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Cole County

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Your income is above the Cole County median

County median: $73,273 per year

vs. County Median

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vs. State Average

+23%

vs. National Median

-2%

vs. Cole County MedianAbout equal
vs. Missouri Average23% above
vs. National Median2% below

Income Adequacy

Monthly income covers median rent7.6x

Your monthly income ($6,106) vs. median rent ($804/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.