Shannon County, Missouri
Income Data
At a Glance
How Shannon County Compares
Detailed Income Statistics
Data Story
About Household Income in Shannon County, Missouri
Shannon County below national income average
Shannon County's median household income of $59,000 falls 21% short of the national median of $74,755, positioning it in the lower-middle tier nationally. This gap is typical for rural Ozark counties where tourism, forestry, and small-scale agriculture drive local economies.
Slightly below Missouri's state average
At $59,000, Shannon County ranks just at Missouri's $59,503 state average, placing it near the middle of the state's income distribution. However, per capita income of $25,451 trails Missouri's $31,011 average by 18%, suggesting income concentration among fewer households.
Shannon earns modestly among peers
Shannon County ($59,000) falls between Saline ($56,566) and Schuyler ($56,023) on the lower end, while trailing Ray ($72,152) and Scotland ($67,568) substantially. Its income level reflects a scenic rural county where tourism and outdoor recreation anchor the economy.
Housing remarkably affordable for the region
Shannon County features an excellent rent-to-income ratio of just 10.3%, meaning housing costs take minimal household share despite moderate incomes. Median home values of $151,000 paired with $59,000 income create favorable affordability conditions for both renters and homebuyers.
Low housing costs create savings opportunity
Shannon County residents benefit from exceptional housing affordability, freeing up household cash for savings, investments, and emergency funds. With modest incomes but very favorable housing-to-income ratios, residents should capitalize on this cost advantage by prioritizing retirement accounts and long-term wealth-building strategies.
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Your income is above the Shannon County median
County median: $59,000 per year
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vs. National Median
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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.