Living in Fair Grove, Missouri
Cost of living, income, home prices, rent and demographics of Fair Grove · Census data 2020–2024
Fair Grove has 1,717 residents with a median age of 29. The median household income is $74,514 (5% higher than the Missouri median), the median home value is $214,300, the median rent is $927/month.
Fair Grove at a glance
- Population
- 1,717
- Median age
- 29State: 39
- Median household income
- $74,514State: $70,702
- Median home value
- $214,300State: $230,300
- Median rent
- $927/moState: $1,033
- Homeowners
- 73.3%
- Bachelor's degree or higher
- 25.8%
- Average commute
- 25 min
Is Fair Grove a good place to live?
Pros: Median household income 5% higher than the Missouri median; home values 7% lower than the state median; a poverty rate of 5%.
Cons: An average commute of 25 minutes; unemployment of 4.9%.
The weather is best in May–June and September–October.
Cost of living in Fair Grove
Housing is the biggest part of the cost of living. In Fair Grove the median home value is $214,300, 36% lower than the U.S. median. Renters pay a median of $927 per month, which is 24.7% of household income. Homeowners with a mortgage pay $1,500 a month in housing costs.
Fair Grove median household income
The median household income in Fair Grove is $74,514 and the income per person is $35,558. 5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Fair Grove: homes for sale and rent
- Housing units
- 590
- Owner-occupied
- 73.3%
- Renter-occupied
- 26.7%
- Vacant
- 1.5%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.96
Fair Grove demographics
- Population
- 1,717
- Median age
- 29
- Under 18
- 33%
- 65 and older
- 8.4%
- Households
- 581
- Foreign-born
- 0.6%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fair Grove ›
Education in Fair Grove
25.8% of adults 25 and older in Fair Grove have a bachelor's degree or higher (Missouri: 32.4%), and 8.3% have a graduate or professional degree.
Jobs and commute in Fair Grove
- Unemployment rate
- 4.9%State: 4%
- Average commute
- 25 minState: 24 min
- Work from home
- 14.9%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 0.2%
- Homes with broadband
- 92.4%
Fair Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fair Grove | 1,717 | $74,514 | $214,300 | $927 |
| Strafford | 2,672 | $64,750 | $169,400 | $863 |
| Pleasant Hope | 716 | $65,078 | $155,600 | $950 |
| Marshfield | 7,696 | $67,642 | $204,700 | $710 |
| Springfield | 169,954 | $49,311 | $177,700 | $964 |
| Willard | 6,488 | $84,600 | $212,900 | $984 |
| Morrisville | 595 | $60,625 | $151,300 | $843 |
| Halfway | 137 | $29,583 | $53,100 | $718 |
| Niangua | 537 | $45,179 | $105,400 | $693 |
More for people moving to Fair Grove
Fair Grove ZIP code ›Weather and climate ›Living in Fair Grove: FAQ
What is the median household income in Fair Grove, MO?
The median household income in Fair Grove is $74,514, 5% higher 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 Fair Grove?
The median home value in Fair Grove is $214,300, compared with $230,300 in Missouri.
How much is rent in Fair Grove?
The median gross rent in Fair Grove is $927 per month, about 24.7% of household income.
Is Fair Grove, MO a good place to live?
Pluses: median household income 5% higher than the Missouri median; home values 7% lower than the state median; a poverty rate of 5%. Minuses: an average commute of 25 minutes; unemployment of 4.9%.
What is the median age in Fair Grove?
The median age in Fair Grove is 29 years (Missouri: 39).
How long is the commute in Fair Grove?
The average commute to work in Fair Grove is 25 minutes; 14.9% of workers work from home.
What is the unemployment rate in Fair Grove?
The unemployment rate in Fair Grove is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fair Grove?
25.8% of adults in Fair Grove 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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