What is the median household income in Independence Township (Dunklin County), MO?
The median household income in Independence Township (Dunklin County), MO is $55,521 (±$7,890) a year (2020–2024 American Community Survey).
Paying the median gross rent of $639 a month would take about $25,600 a year at the common guideline of spending no more than 30% of income on rent.
In Independence Township (Dunklin County), the median household income went from $39,950 in 2015–2019 to $55,521 in 2020–2024 (+39.0%).
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
- $55,521 (±$7,890)
- Median renter income
- $30,113 (±$4,226)
- Income to afford median rent
- about $25,600
Income in Independence Township (Dunklin County) against Dunklin County, its state and the nation
| Independence Township (Dunklin County) | Dunklin County | Missouri | United States | |
|---|---|---|---|---|
| Median household income | $55,521 (±$7,890) | $47,849 (±$4,146) | $70,702 (±$325) | $80,734 |
| Median renter household income | $30,113 (±$4,226) | $29,255 (±$3,041) | $43,288 (±$509) | $52,966 |
| Median owner household income | $67,106 (±$2,758) | $62,603 (±$4,177) | $87,780 (±$425) | $100,009 |
| Median gross rent | $639 (±$99) | $648 (±$30) | $1,033 (±$6) | $1,413 |
In Independence Township (Dunklin County), median household income is not measurably different from Dunklin County ($47,849).
It is also lower than in Missouri ($70,702).
It is lower than the national figure ($80,734).
In Dunklin County, Independence Township (Dunklin County) ranks 2 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 612 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 Independence Township (Dunklin County)
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 $639 a month ($7,668 a year) needs an income of about $25,600 a year.
The median renting household in Independence Township (Dunklin County) earns $30,113 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 | $39,950 (±$5,202) | $55,521 (±$7,890) | +39.0% | No measurable change after inflation |
| Median gross rent | $591 (±$52) | $639 (±$99) | +8.1% | No measurable change after inflation |
| Median home value | $92,800 (±$6,455) | $114,400 (±$12,526) | +23.3% | No measurable change 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 Independence Township (Dunklin County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Independence Township (Dunklin County) | — | $55,521 (±$7,890) | — |
| Kennett | 0.6 mi | $52,500 (±$13,654) | Not measurably different |
| Nimmons | 5.8 mi | $30,938 (±$5,890) | Lower |
| Bragg City | 7.4 mi | $16,250 (±$5,802) | Lower |
| Senath | 9.9 mi | $31,667 (±$12,049) | Lower |
| Holcomb Township | 11 mi | $49,167 (±$14,945) | Not measurably different |
| Clay Township (Dunklin County) | 11 mi | $50,000 (±$27,938) | Not measurably different |
| Holcomb | 11 mi | $62,841 (±$30,558) | Not measurably different |
| Pascola | 12 mi | $46,071 (±$14,190) | Not measurably different |
Nearby places with a measurably lower figure: Nimmons, AR ($30,938), Bragg City, MO ($16,250), Senath, MO ($31,667).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Dunklin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Holcomb | $62,841 (±$30,558) |
| 2 | Independence Township (Dunklin County) | $55,521 (±$7,890) |
| 3 | Kennett | $52,500 (±$13,654) |
| 4 | Union Township (Dunklin County) | $50,938 (±$14,538) |
| 5 | Clay Township (Dunklin County) | $50,000 (±$27,938) |
| 6 | Campbell | $49,926 (±$15,660) |
| 7 | Holcomb Township | $49,167 (±$14,945) |
| 8 | Cotton Hill Township | $47,096 (±$9,278) |
Showing 8 of 17 places in Dunklin 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 Independence Township (Dunklin County)
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Questions about Independence Township (Dunklin County)
What is the median household income in Independence Township (Dunklin County)?
The median household income in Independence Township (Dunklin County) is $55,521 (±$7,890) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Independence Township (Dunklin County)?
About $25,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $639 a month.
Have incomes in Independence Township (Dunklin County) kept up with inflation?
In Independence Township (Dunklin County), the median household income went from $39,950 in 2015–2019 to $55,521 in 2020–2024 (+39.0%).
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 Independence Township (Dunklin County)?
The median renting household in Independence Township (Dunklin County), MO earns $30,113 (±$4,226) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Independence township, Dunklin County, Missouri
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Independence township, Dunklin County, Missouri
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Independence township, Dunklin County, Missouri
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Independence township, Dunklin County, Missouri
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Independence township, Dunklin County, Missouri
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Independence township, Dunklin 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 Independence township, Dunklin County, Missouri (county subdivision:34390, in state:29 county:069).
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 Independence Township (Dunklin County) at a glance
- Median rent in Independence Township (Dunklin County)
- Rent by bedrooms in Independence Township (Dunklin County)
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- Renters and owners in Independence Township (Dunklin County)
- Home values in Independence Township (Dunklin County)
- Homeowner costs in Independence Township (Dunklin County)
- Property taxes in Independence Township (Dunklin County)
- Types of homes in Independence Township (Dunklin County)
- Bedrooms in Independence Township (Dunklin County)
- Age of homes in Independence Township (Dunklin County)
- Vacancy rate in Independence Township (Dunklin County)
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- Population growth in Independence Township (Dunklin County)
- How long people stay in Independence Township (Dunklin County)
- Crowding and facilities in Independence Township (Dunklin County)
- Missouri landlord and tenant rules
- Housing across Dunklin County
- Missouri places ranked by median household income
- Housing data for every place in Missouri