What is the median household income in Castor Township, MO?
The median household income in Castor Township, MO is $57,125 (±$13,448) a year (2020–2024 American Community Survey).
Paying the median gross rent of $765 a month would take about $30,600 a year at the common guideline of spending no more than 30% of income on rent.
In Castor Township, the median household income went from $46,009 in 2015–2019 to $57,125 in 2020–2024 (+24.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $57,125 (±$13,448)
- Median renter income
- $31,285 (±$9,159)
- Income to afford median rent
- about $30,600
Income in Castor Township against Stoddard County, its state and the nation
| Castor Township | Stoddard County | Missouri | United States | |
|---|---|---|---|---|
| Median household income | $57,125 (±$13,448) | $57,957 (±$3,823) | $70,702 (±$325) | $80,734 |
| Median renter household income | $31,285 (±$9,159) | $39,211 (±$5,200) | $43,288 (±$509) | $52,966 |
| Median owner household income | $69,375 (±$9,141) | $66,963 (±$4,567) | $87,780 (±$425) | $100,009 |
| Median gross rent | $765 (±$71) | $760 (±$38) | $1,033 (±$6) | $1,413 |
In Castor Township, median household income is not measurably different from Stoddard County ($57,957).
It is also lower than in Missouri ($70,702).
It is lower than the national figure ($80,734).
In Stoddard County, Castor Township ranks 7 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 565 of 1,154.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Castor Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $765 a month ($9,180 a year) needs an income of about $30,600 a year.
The median renting household in Castor Township earns $31,285 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $46,009 (±$6,237) | $57,125 (±$13,448) | +24.2% | No measurable change after inflation |
| Median gross rent | $571 (±$94) | $765 (±$71) | +34.0% | No measurable change after inflation |
| Median home value | $110,300 (±$18,194) | $101,900 (±$23,303) | −7.6% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Castor Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Castor Township | — | $57,125 (±$13,448) | — |
| Bloomfield | 0.6 mi | $41,838 (±$5,920) | Lower |
| Dexter | 6.5 mi | $51,701 (±$4,954) | Not measurably different |
| Essex | 6.7 mi | $62,536 (±$8,670) | Not measurably different |
| New Lisbon Township | 7.7 mi | $85,441 (±$21,481) | Higher |
| Penermon | 8.9 mi | $17,625 (±$10,656) | Lower |
| Richland Township (Stoddard County) | 9.1 mi | $42,625 (±$12,023) | Not measurably different |
| Dudley | 11 mi | $50,750 (±$18,479) | Not measurably different |
| Duck Creek Township | 11 mi | $51,099 (±$5,625) | Not measurably different |
Nearby places with a measurably lower figure: Bloomfield, MO ($41,838), Penermon, MO ($17,625).
Nearby places with a measurably higher figure: New Lisbon Township, MO ($85,441).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Stoddard County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | New Lisbon Township | $85,441 (±$21,481) |
| 2 | Elk Township | $81,705 (±$22,786) |
| 3 | Essex | $62,536 (±$8,670) |
| 4 | Pike Township | $61,313 (±$7,852) |
| 5 | Advance | $59,688 (±$10,661) |
| 6 | Liberty Township (Stoddard County) | $57,847 (±$4,794) |
| 7 | Castor Township | $57,125 (±$13,448) |
| 8 | Dexter | $51,701 (±$4,954) |
| 9 | Duck Creek Township | $51,099 (±$5,625) |
| 10 | Dudley | $50,750 (±$18,479) |
| 11 | Bernie | $48,438 (±$7,907) |
| 12 | Puxico | $47,500 (±$30,949) |
| 13 | Richland Township (Stoddard County) | $42,625 (±$12,023) |
Showing 13 of 15 places in Stoddard County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Castor Township
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Questions about Castor Township
What is the median household income in Castor Township?
The median household income in Castor Township is $57,125 (±$13,448) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Castor Township?
About $30,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $765 a month.
Have incomes in Castor Township kept up with inflation?
In Castor Township, the median household income went from $46,009 in 2015–2019 to $57,125 in 2020–2024 (+24.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Castor Township?
The median renting household in Castor Township, MO earns $31,285 (±$9,159) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Castor township, Stoddard County, Missouri
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Castor township, Stoddard County, Missouri (county subdivision:11980, in state:29 county:207).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Castor Township at a glance
- Median rent in Castor Township
- Rent by bedrooms in Castor Township
- Rent burden in Castor Township
- Renters and owners in Castor Township
- Home values in Castor Township
- Homeowner costs in Castor Township
- Property taxes in Castor Township
- Types of homes in Castor Township
- Bedrooms in Castor Township
- Age of homes in Castor Township
- Heating fuel in Castor Township
- Commute and cars in Castor Township
- Population growth in Castor Township
- How long people stay in Castor Township
- Missouri landlord and tenant rules
- Housing across Stoddard County
- Missouri places ranked by median household income
- Housing data for every place in Missouri