Living in Alma, Missouri
Cost of living, income, home prices, rent and demographics of Alma · Census data 2020–2024
Alma has 450 residents with a median age of 39.9. The median household income is $68,750 (about the same as the Missouri median), the median home value is $155,000, the median rent is $823/month.
Alma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Alma at a glance
- Population
- 450
- Median age
- 39.9State: 39
- Median household income
- $68,750State: $70,702
- Median home value
- $155,000State: $230,300
- Median rent
- $823/moState: $1,033
- Homeowners
- 84.7%
- Bachelor's degree or higher
- 36.1%
- Average commute
- 24 min
Is Alma a good place to live?
Pros: Home values 33% lower than the state median; a poverty rate of 9.6%.
Cons: Median household income about the same as the Missouri median; an average commute of 24 minutes; unemployment of 5.5%.
The weather is best in May–June and August–September.
Cost of living in Alma
Housing is the biggest part of the cost of living. In Alma the median home value is $155,000, 53% lower than the U.S. median. Renters pay a median of $823 per month, which is 51% of household income. Homeowners with a mortgage pay $927 a month in housing costs.
Alma median household income
The median household income in Alma is $68,750 and the income per person is $40,120. 9.6% of residents live below the poverty line (Missouri: 12.6%).
Housing in Alma: homes for sale and rent
- Housing units
- 220
- Owner-occupied
- 84.7%
- Renter-occupied
- 15.3%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.22
Alma demographics
- Population
- 450
- Median age
- 39.9
- Under 18
- 24.7%
- 65 and older
- 22.9%
- Households
- 203
- Foreign-born
- 0.7%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Alma ›
Education in Alma
36.1% of adults 25 and older in Alma have a bachelor's degree or higher (Missouri: 32.4%), and 24.5% have a graduate or professional degree.
Jobs and commute in Alma
- Unemployment rate
- 5.5%State: 4%
- Average commute
- 24 minState: 24 min
- Work from home
- 3.9%
- Drive alone
- 84.7%
- Public transit
- 0%
- Walk to work
- 5.4%
- Homes with broadband
- 60.6%
Alma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alma | 450 | $68,750 | $155,000 | $823 |
| Blackburn | 240 | $82,500 | $117,600 | $716 |
| Corder | 442 | $91,250 | $83,100 | $800 |
| Concordia | 2,332 | $59,068 | $166,500 | $825 |
| Waverly | 901 | $47,969 | $117,700 | $910 |
| Emma | 270 | $81,667 | $124,300 | $850 |
| Higginsville | 4,781 | $81,033 | $166,100 | $980 |
| Dover | 136 | $85,417 | $187,500 | — |
| Sweet Springs | 1,268 | $46,780 | $107,900 | $632 |
More for people moving to Alma
Alma ZIP code ›Weather and climate ›Living in Alma: FAQ
What is the median household income in Alma, MO?
The median household income in Alma is $68,750, about the same as the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alma?
The median home value in Alma is $155,000, compared with $230,300 in Missouri.
How much is rent in Alma?
The median gross rent in Alma is $823 per month, about 51% of household income.
Is Alma, MO a good place to live?
Pluses: home values 33% lower than the state median; a poverty rate of 9.6%. Minuses: median household income about the same as the Missouri median; an average commute of 24 minutes; unemployment of 5.5%.
What is the median age in Alma?
The median age in Alma is 39.9 years (Missouri: 39).
How long is the commute in Alma?
The average commute to work in Alma is 24 minutes; 3.9% of workers work from home.
What is the unemployment rate in Alma?
The unemployment rate in Alma is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alma?
36.1% of adults in Alma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: