Missouri Income Statistics
Missouri Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
-
C
Missouri Below average
Source: Map AI Methodology
Wealthiest and Least Wealthy Counties in Missouri
- St. Charles County (119% of U.S. avg)
- Platte County (117% of U.S. avg)
- St. Louis County (110% of U.S. avg)
- Mississippi County (68% of U.S. avg)
- Shannon County (73% of U.S. avg)
- DeKalb County (73% of U.S. avg)
Ranked by the Map AI Wealth Index, which combines income, employment, and income inequality metrics.
Income Statistics Overview
| Metric | Missouri | US Average |
|---|---|---|
| Median Household Income | $70,801 | $80,455 |
| Median Personal Income | $54,686 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.8% |
| Six-Figure Earners | 10.5% | 13.9% |
| $200k+ Households | 8.7% | 13.2% |
The median household income in Missouri is about 12% lower than in US. Income has been growing slower in Missouri (4.6%/yr) than in US (4.8%/yr).
About 11% of adults in Missouri earn six figures ($100,000 or more) a year, lower than the US average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Missouri grew by 53.7% from 2009 to 2024, reaching $70,801 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Missouri
| Metric | Missouri | US Average |
|---|---|---|
| Gini Coefficient | 0.532 | 0.552 |
| Male Median Income | $64,288 | $69,667 |
| Female Median Income | $51,060 | $56,850 |
| Gender Pay Gap | 20.6% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Missouri, it is 0.532, lower than US's 0.552, so income is more evenly distributed here than there.
Men's income is about 26% more than women's income in Missouri. Over a 35-year career, a 26% wage gap accumulates to roughly $462,980 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Missouri has narrowed from about 25% to 21% in 2024. In dollar terms, the gap has widened by $2,227 since 2009.
Employment
| Metric | Missouri | US Average |
|---|---|---|
| Unemployment Rate | 4.0% | 5.2% |
| Working from Home | 13.0% | 15.0% |
| Commute time (minutes) | 20 | 22 |
Approximately 125,334 people are unemployed in Missouri.
The average commute time in Missouri is 20 minutes, shorter than the 22 minutes in US.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Missouri has fallen from 8.0% to 4.0% in 2024. Over that period the rate peaked at 8.7% in 2013.
Missouri Wealth Compared With Nearby States
Missouri is the 2nd largest of the 6 states compared here, 6,186,340 residents against a local median of 3,204,793. Missouri's unemployment, at 4.0%, runs 19% below the 4.9% typical of the states around it. That is the better end of the local range on this measure.
The states themselves spread 2.2% on unemployment, so Missouri sits at one end of an already wide local range rather than apart from it. Missouri has the 3rd lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Missouri | 6,186,340 | $70,801 #4/6 | 4.6%/yr #2/6 | 4.0% #3/6 | 0.532 #3/6 |
| Arkansas | 3,049,066 | $60,940 | 4.6%/yr | 4.9% | 0.551 |
| Illinois | 12,692,444 | $84,042 | 4.5%/yr | 5.8% | 0.547 |
| Iowa | 3,204,793 | $75,133 | 4.0%/yr | 3.6% | 0.510 |
| Oklahoma | 4,028,385 | $65,606 | 3.9%/yr | 4.9% | 0.553 |
| Kansas | 2,945,842 | $74,287 | 4.1%/yr | 3.8% | 0.525 |
Conclusion
Considering all these factors, Missouri has an overall wealth index grade of C, making it about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Missouri.
How Rich Is Missouri?
Missouri has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $70,801, about 12% lower than the US average of $80,455.
How has median household income changed in Missouri?
Between 2009 and 2024, the median household income in Missouri rose 54%, from $46,051 to $70,801. Over the same years, income here lagged behind the U.S. as a whole: +54% against +57%.
What was the median household income in Missouri in 2023?
In 2023, the median household income in Missouri was $69,047, up 5% from $66,047 in 2022. The US median that year was $78,147.
What was the median household income in Missouri in 2020?
In 2020, the median household income in Missouri was $57,515. By 2024 it had risen 23% to $70,801.
Is it hard to find a job in Missouri?
Unemployment in Missouri is only 4.0%, well below the US rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Missouri?
The Gini coefficient in Missouri is 0.532. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Missouri?
Since 2009, the income gap between men and women in Missouri has narrowed from about 25% to 21% in 2024. In dollar terms, the gap has widened by $2,227 since 2009.
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