IncomeBy County

Putnam County, Missouri

+4% vs. Missouri average
$63,510
Median Household Income
$35,778
Per Capita Income

At a Glance

Median Household Income
$63,510
+4% vs. state avg
Per Capita Income
$35,778
-9% vs. national
Income-to-Housing Ratio
53.1%
income as % of home value
Rank in Missouri
#41 / 115
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Putnam County Compares

Putnam County$63,510
Missouri Average$61,285
National Median$74,755

Detailed Income Statistics

$63,510
Median Household Income
$35,778
Per Capita Income
$119,500
Median Home Value
53.1%
Income-to-Housing Ratio

Income Advisory: Putnam County

Income Verdict

Putnam County has a median household income of $56,875 and per capita income of $33,208 — a gap of $23,667, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $575/month and a median household income of $56,875, rent consumes approximately 12.1% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $56,875, residents of Putnam County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $33,208 is in line with national norms for individual earners.

Neighbor Context

Putnam County earns approximately 4.4% below the Missouri state median household income of $59,503.

Data Story

About Household Income in Putnam County, Missouri

Putnam underperforms national median

Putnam County's median household income of $56,875 falls 23.9% below the national median of $74,755. The county's rural character and smaller population base explain this gap relative to more urbanized, higher-earning regions.

Near Missouri's average income

Putnam County sits just below Missouri's state average of $59,503, placing it in the middle tier of the state's counties. Notably, per capita income of $33,208 exceeds Missouri's $31,011 average, suggesting some pockets of higher earnings despite the moderate household median.

Moderate income in a rural band

Putnam ($56,875) ranks with Phelps ($55,427), Polk ($56,686), and Randolph ($55,310) in a tight lower-middle cluster, while Platte ($95,748) towers above all others. Pulaski ($66,435) and Ralls ($62,054) offer modest advantages, and Pike ($57,572) is nearly identical.

Most affordable housing in region

Putnam County boasts the region's lowest rent-to-income ratio at 12.1%, making it the most affordable place for renters. The median home value of $111,600 is also the lowest nearby, requiring only 2 years of median household income—an exceptionally achievable homeownership target.

Putnam's affordability is an asset

Putnam County residents earning $56,875 face the lowest housing barriers in the region, freeing capital for wealth-building. Capitalize on this advantage by securing stable mortgages, investing surplus income in index funds or rental properties, and using tax-advantaged accounts to maximize compound growth.

Frequently Asked Questions

What is the median household income in Putnam County, Missouri?
The median household income in Putnam County, Missouri is $63,510, 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 Putnam County?
The per capita income in Putnam County is $35,778, 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 $63,510.
How does Putnam County compare to the Missouri average?
Putnam County's median household income of $63,510 is higher than the Missouri state average of $61,285. The per capita income is $35,778, compared to the state average of $31,969.
What is the per capita income in Putnam County, Missouri?
The per capita income in Putnam County, Missouri is $35,778, 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 Putnam County income higher than the Missouri average?
Putnam County's median household income of $63,510 is higher than the Missouri average of $61,285. This difference of $2,225 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 Putnam County rank for income in Missouri?
Putnam County ranks #41 out of 115 counties in Missouri by median household income (1 = highest). With a median household income of $63,510 and per capita income of $35,778, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $63,510 per year

vs. County Median

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vs. State Average

+4%

vs. National Median

-15%

vs. Putnam County MedianAbout equal
vs. Missouri Average4% above
vs. National Median15% below

Income Adequacy

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Your monthly income ($5,293) vs. median rent ($521/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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