Cost of Living in Bates County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Bates County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Bates County, Missouri
Bates hovers just above state housing average
Bates County's 15.8% rent-to-income ratio sits marginally above Missouri's 15.6% state average, reflecting typical rural Missouri housing pressures on moderate incomes. The county's $57,914 median household income runs 22% below the national median.
Bates ranks firmly in Missouri's middle tier
Bates County occupies the middle ground in Missouri's affordability landscape, with rent-to-income and home value metrics reflecting average statewide conditions. The county neither stands out as a bargain nor signals serious affordability stress.
Bates rents competitive with regional peers
Bates' $760 median rent falls between Audrain ($698) and Adair ($782), positioning it squarely in the region's mainstream. Median home values of $154,800 suggest stable but modest appreciation potential compared to higher-demand Ozark counties.
Owners pay slightly more than renters
Renters allocate $760 monthly while homeowners pay $783—an unusual situation where monthly owner costs exceed rents—with median home values at $154,800. The $57,914 median household income means housing claims 15.8% of gross earnings for renters, leaving modest room for savings.
Bates offers balance for modest-income families
If you earn $55,000–$60,000 and value stability over rapid appreciation, Bates delivers straightforward housing economics and community roots. The county works well for families prioritizing school quality and rural character over major career advancement or significant home equity growth.
Affordability Calculator
See how your income compares to housing costs in Bates County
Rent Burden
15.7%
of gross income
Max Housing (28% Rule)
$1,351
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Bates County
Median home value is $154,800. Estimated monthly cost: $1,236 vs. your max of $1,351.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.