Iron County, Missouri

Income Data

-14% vs. Missouri average
$51,161
Median Household Income
$26,755
Per Capita Income

At a Glance

Median Household Income
$51,161
-14% vs. state avg
Per Capita Income
$26,755
-32% vs. national
Income-to-Housing Ratio
45.3%
income as % of home value
Rank in Missouri
#90 / 115
by median household income

How Iron County Compares

Iron County$51,161
Missouri Average$59,503
National Median$74,755

Detailed Income Statistics

$51,161
Median Household Income
$26,755
Per Capita Income
$113,000
Median Home Value
45.3%
Income-to-Housing Ratio

Data Story

About Household Income in Iron County, Missouri

Iron County significantly behind nationally

Iron County's median household income of $51,161 falls 31.6% below the national median of $74,755. This income deficit reflects long-standing economic challenges in mining-dependent regions.

Below average across Missouri

At $51,161, Iron County trails Missouri's state average of $59,503 by 14.0%, placing it among the lower-income counties statewide. Economic stagnation remains a persistent challenge.

Slightly above Howell and Hickory

Iron County's $51,161 income ranks sixth among these eight counties, edging out Howell ($49,814) and Hickory ($35,084) but trailing Harrison and Henry. Regional income disparities remain pronounced.

Manageable housing affordability

Iron County's rent-to-income ratio of 15.7% signals healthy housing affordability. The median home value of $113,000 remains within reasonable reach for local households.

Start where you are, build steadily

Iron County's per capita income of $26,755 requires disciplined savings, but even small monthly contributions compound significantly over time. Leveraging employer retirement plans and employer matches should be a priority.

Frequently Asked Questions

What is the median household income in Iron County, Missouri?
The median household income in Iron County, Missouri is $51,161, 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 Iron County?
The per capita income in Iron County is $26,755, 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 $51,161.
How does Iron County compare to the Missouri average?
Iron County's median household income of $51,161 is lower than the Missouri state average of $59,503. The per capita income is $26,755, compared to the state average of $31,011.
What is the per capita income in Iron County, Missouri?
The per capita income in Iron County, Missouri is $26,755, 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.
Is Iron County a low-income area in Missouri?
Iron County's median household income of $51,161 is below the Missouri average of $59,503. The per capita income of $26,755 is also lower than the state average of $31,011. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Iron County rank for income in Missouri?
Iron County ranks #90 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $51,161 and per capita income of $26,755, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Iron County

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Your income is above the Iron County median

County median: $51,161 per year

vs. County Median

+0%

vs. State Average

-14%

vs. National Median

-32%

vs. Iron County MedianAbout equal
vs. Missouri Average14% below
vs. National Median32% below

Income Adequacy

Monthly income covers median rent6.4x

Your monthly income ($4,263) vs. median rent ($671/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.