Living in Cobalt, Missouri
Cost of living, income, home prices, rent and demographics of Cobalt · Census data 2020–2024
Cobalt has 364 residents with a median age of 30. The median household income is $34,750 (51% lower than the Missouri median), the median home value is $84,200, the median rent is $834/month.
Cobalt is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cobalt at a glance
- Population
- 364
- Median age
- 30State: 39
- Median household income
- $34,750State: $70,702
- Median home value
- $84,200State: $230,300
- Median rent
- $834/moState: $1,033
- Homeowners
- 52.1%
- Bachelor's degree or higher
- 3.3%
- Average commute
- 16 min
Is Cobalt a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 16 minutes; unemployment of 1.9%.
Cons: Median household income 51% lower than the Missouri median; a poverty rate of 38.1%.
The weather is best in May–June and September–October.
Cost of living in Cobalt
Housing is the biggest part of the cost of living. In Cobalt the median home value is $84,200, 75% lower than the U.S. median. Renters pay a median of $834 per month, which is 41.3% of household income. Homeowners with a mortgage pay $890 a month in housing costs.
Cobalt median household income
The median household income in Cobalt is $34,750 and the income per person is $17,927. 38.1% of residents live below the poverty line (Missouri: 12.6%).
Housing in Cobalt: homes for sale and rent
- Housing units
- 127
- Owner-occupied
- 52.1%
- Renter-occupied
- 47.9%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 3.01
Cobalt demographics
- Population
- 364
- Median age
- 30
- Under 18
- 33%
- 65 and older
- 11%
- Households
- 121
- Foreign-born
- 0.3%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Cobalt ›
Education in Cobalt
3.3% of adults 25 and older in Cobalt have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Cobalt
- Unemployment rate
- 1.9%State: 4%
- Average commute
- 16 minState: 24 min
- Work from home
- 0%
- Drive alone
- 72.1%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 88.4%
Cobalt vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cobalt | 364 | $34,750 | $84,200 | $834 |
| Fredericktown | 4,507 | $49,375 | $136,100 | $846 |
| Junction City | 372 | $35,682 | — | $583 |
| Mine La Motte | 370 | $65,750 | — | — |
| Marquand | 187 | $45,268 | $93,000 | $693 |
| Doe Run | 775 | $83,065 | $129,900 | — |
| Farmington | 18,282 | $53,729 | $196,500 | $855 |
| Arcadia | 586 | $48,750 | $154,800 | $346 |
| Ironton | 1,692 | $46,750 | $120,000 | $738 |
More for people moving to Cobalt
Cobalt ZIP code ›Weather and climate ›Living in Cobalt: FAQ
What is the median household income in Cobalt, MO?
The median household income in Cobalt is $34,750, 51% 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 Cobalt?
The median home value in Cobalt is $84,200, compared with $230,300 in Missouri.
How much is rent in Cobalt?
The median gross rent in Cobalt is $834 per month, about 41.3% of household income.
Is Cobalt, MO a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 16 minutes; unemployment of 1.9%. Minuses: median household income 51% lower than the Missouri median; a poverty rate of 38.1%.
What is the median age in Cobalt?
The median age in Cobalt is 30 years (Missouri: 39).
How long is the commute in Cobalt?
The average commute to work in Cobalt is 16 minutes; 0% of workers work from home.
What is the unemployment rate in Cobalt?
The unemployment rate in Cobalt is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cobalt?
3.3% of adults in Cobalt 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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