What percentage of people rent in Parkway, MO?
50.9% (±11.6 points) of the occupied homes in Parkway, MO are rented (2020–2024 American Community Survey).
That is 139 renting households against 134 that own their home.
In Parkway, the share of households that rent went from 35.4% in 2015–2019 to 50.9% in 2020–2024 (+15.5 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 50.9% (±11.6 points)
- Renting households
- 139 (±57)
- Median renter income
- $35,515 (±$13,351)
Who rents and who owns in Parkway
| Parkway | Franklin County | Missouri | United States | |
|---|---|---|---|---|
| Renter-occupied share | 50.9% (±11.6 points) | 23.5% (±1.6 points) | 31.9% (±0.2 points) | 34.8% |
| Renting households | 139 (±57) | 10,106 (±697) | 799,814 (±5,177) | 45,017,354 |
| Owning households | 134 (±44) | 32,930 (±791) | 1,708,413 (±9,125) | 84,210,142 |
| Average renter household size | 2.1 (±0.6) | 2.1 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.4) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $35,515 (±$13,351) | $45,672 (±$3,366) | $43,288 (±$509) | $52,966 |
| Median owner household income | $71,500 (±$18,136) | $85,157 (±$2,591) | $87,780 (±$425) | $100,009 |
In Parkway, the renter share is higher than in Franklin County (23.5%).
It is also higher than in Missouri (31.9%).
It is higher than the national figure (34.8%).
In Franklin County, Parkway ranks 2 of 14 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 100 of 1,244.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Parkway has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 35.4% (±10.2 points) | 50.9% (±11.6 points) | +15.5 percentage points | Measurable increase |
| Median gross rent | $833 (±$100) | $862 (±$63) | +3.5% | Down after inflation |
| Median household income | $51,667 (±$13,856) | $44,479 (±$13,210) | −13.9% | 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.
Households that rent in places near Parkway
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Parkway | — | 50.9% (±11.6 points) | — |
| St. Clair | 1.6 mi | 44.0% (±10.4 points) | Not measurably different |
| Union | 7.2 mi | 39.4% (±4.7 points) | Not measurably different |
| Miramiguoa Park | 8.6 mi | 1.5% (±3.8 points) | Lower |
| Villa Ridge | 10 mi | 16.9% (±9.8 points) | Lower |
| Oak Grove Village | 12 mi | 54.9% (±19.1 points) | Not measurably different |
| Sullivan | 14 mi | 37.6% (±5.9 points) | Lower |
| Gray Summit | 14 mi | 25.1% (±8.4 points) | Lower |
| Washington | 15 mi | 26.0% (±4.1 points) | Lower |
Nearby places with a measurably lower figure: Miramiguoa Park, MO (1.5%), Villa Ridge, MO (16.9%), Sullivan, MO (37.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Franklin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Oak Grove Village | 54.9% (±19.1 points) |
| 2 | Parkway | 50.9% (±11.6 points) |
| 3 | St. Clair | 44.0% (±10.4 points) |
| 4 | Gerald | 41.1% (±8.8 points) |
| 5 | Union | 39.4% (±4.7 points) |
| 6 | Sullivan | 37.6% (±5.9 points) |
| 7 | Pacific | 35.1% (±7.7 points) |
| 8 | Washington | 26.0% (±4.1 points) |
Showing 8 of 14 places in Franklin 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 Parkway
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Questions about Parkway
How many renters are there in Parkway?
Parkway has an estimated 139 (±57) renting households, 50.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Parkway?
In Parkway, the share of households that rent went from 35.4% in 2015–2019 to 50.9% in 2020–2024 (+15.5 percentage points), a measurable increase.
How big are renting households in Parkway?
A renting household in Parkway has 2.1 people on average, against 2.5 in an owned home.
How much do renters earn in Parkway?
The median renting household in Parkway, MO has an income of $35,515 (±$13,351) a year, against $71,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parkway village, Missouri
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Parkway village, Missouri
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Parkway village, Missouri
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Parkway village, Missouri
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Parkway village, 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 Parkway village, Missouri (place:56306, in state:29).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 Parkway at a glance
- Median rent in Parkway
- Income and affordability in Parkway
- Home values in Parkway
- Homeowner costs in Parkway
- Property taxes in Parkway
- Types of homes in Parkway
- Bedrooms in Parkway
- Age of homes in Parkway
- Heating fuel in Parkway
- Commute and cars in Parkway
- How long people stay in Parkway
- Missouri landlord and tenant rules
- Housing across Franklin County
- Missouri places ranked by share of renters
- Housing data for every place in Missouri