Living in Anderson, Missouri

Cost of living, income, home prices, rent and demographics of Anderson · Census data 2020–2024

Anderson has 2,685 residents with a median age of 36. The median household income is $53,966 (24% lower than the Missouri median), the median home value is $116,200, the median rent is $731/month.

Anderson at a glance

Population
2,685
Median age
36State: 39
Median household income
$53,966State: $70,702
Median home value
$116,200State: $230,300
Median rent
$731/moState: $1,033
Homeowners
52.9%
Bachelor's degree or higher
12%
Average commute
20 min

Is Anderson a good place to live?

Pros: Home values 50% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 24% lower than the Missouri median; unemployment of 5.3%; a poverty rate of 17.7%.

The weather is best in April–May and September–October.

Cost of living in Anderson

Housing is the biggest part of the cost of living. In Anderson the median home value is $116,200, 65% lower than the U.S. median. Renters pay a median of $731 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,166 a month in housing costs.

Median home value

Anderson$116,200
Missouri$230,300
United States$332,700

Median monthly rent

Anderson$731
Missouri$1,033
United States$1,413

Anderson median household income

The median household income in Anderson is $53,966 and the income per person is $23,927. 17.7% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Anderson$53,966
Missouri$70,702
United States$80,734

Housing in Anderson: homes for sale and rent

Housing units
1,002
Owner-occupied
52.9%
Renter-occupied
47.1%
Vacant
6.2%Includes seasonal homes
Median year built
1976
Average household size
2.76

Anderson demographics

Population
2,685
Median age
36
Under 18
24.9%
65 and older
14.1%
Households
940
Foreign-born
15.9%
Veterans
6.2%Adults 18+

Race and ethnicity

White63.5%
Hispanic or Latino17.3%
Black0%
Asian1.5%

Hispanic or Latino can be of any race. Population history of Anderson ›

Education in Anderson

12% of adults 25 and older in Anderson have a bachelor's degree or higher (Missouri: 32.4%), and 4.6% have a graduate or professional degree.

Bachelor's degree or higher

Anderson12%
Missouri32.4%
United States35.7%

Jobs and commute in Anderson

Unemployment rate
5.3%State: 4%
Average commute
20 minState: 24 min
Work from home
4.3%
Drive alone
69%
Public transit
0.5%
Walk to work
3.4%
Homes with broadband
78.8%

Anderson vs nearby towns

TownPopulationMedian incomeHome valueRent
Anderson2,685$53,966$116,200$731
Lanagan483$49,000$90,000$678
Ginger Blue117$39,153——
Pineville736$30,978$213,100$640
Goodman1,092$54,250$117,200$863
Noel1,913$41,483$122,400$641
Jane292$46,250$214,300$880
Cayuga197$60,074$216,700—
Sulphur Springs499$41,324$133,300$959

More for people moving to Anderson

Anderson ZIP code ›Weather and climate ›

Living in Anderson: FAQ

What is the median household income in Anderson, MO?

The median household income in Anderson is $53,966, 24% lower than 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 Anderson?

The median home value in Anderson is $116,200, compared with $230,300 in Missouri.

How much is rent in Anderson?

The median gross rent in Anderson is $731 per month, about 23.6% of household income.

Is Anderson, MO a good place to live?

Pluses: home values 50% lower than the state median; an average commute of 20 minutes. Minuses: median household income 24% lower than the Missouri median; unemployment of 5.3%; a poverty rate of 17.7%.

What is the median age in Anderson?

The median age in Anderson is 36 years (Missouri: 39).

How long is the commute in Anderson?

The average commute to work in Anderson is 20 minutes; 4.3% of workers work from home.

What is the unemployment rate in Anderson?

The unemployment rate in Anderson is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Anderson?

12% of adults in Anderson 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.

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