Knox County, Missouri
Income Data
At a Glance
How Knox County Compares
Detailed Income Statistics
Data Story
About Household Income in Knox County, Missouri
Knox earns well below national
Knox County's median household income of $53,333 lags the U.S. median of $74,755 by $21,422 annually. This significant gap means Knox households earn roughly 71 cents for every dollar earned nationally, placing the county in lower-income territory.
Among Missouri's lowest earners
Knox County's $53,333 median income ranks among Missouri's lowest, trailing the state average of $59,503 by more than $6,000. Per capita income of $26,225 also significantly lags the state average of $31,011, indicating economic challenges.
Knox struggles versus nearby peers
Knox County ($53,333) earns less than all surveyed neighbors, including Laclede County ($50,825) by a narrow margin, but faces steeper gaps with Jasper ($57,525) and Johnson County ($67,123). This pattern suggests Knox is among the region's most economically distressed counties.
Housing is genuinely affordable
Knox's rent-to-income ratio of 14.9% ranks well below the national 18% standard, providing relief for renters. Median home values of just $97,200 offer the state's most accessible homeownership pathway, making housing costs negligible relative to income.
Start small, build momentum
Knox County residents should prioritize building emergency savings of $500–$1,000 before investing, then explore low-cost index funds and employer retirement benefits. Even modest monthly contributions to savings accounts and automated investments can create meaningful financial security over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Knox County median
County median: $53,333 per year
vs. County Median
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vs. State Average
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vs. National Median
-29%
Income Adequacy
Your monthly income ($4,444) vs. median rent ($661/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.