Living in Gainesville, Missouri

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

Gainesville has 1,010 residents with a median age of 40.4. The median household income is $32,391 (54% lower than the Missouri median), the median home value is $119,500, the median rent is $457/month.

Gainesville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Gainesville at a glance

Population
1,010
Median age
40.4State: 39
Median household income
$32,391State: $70,702
Median home value
$119,500State: $230,300
Median rent
$457/moState: $1,033
Homeowners
50.3%
Bachelor's degree or higher
15.6%
Average commute
22 min

Is Gainesville a good place to live?

Pros: Home values 48% lower than the state median; an average commute of 22 minutes.

Cons: Median household income 54% lower than the Missouri median; unemployment of 7.4%; a poverty rate of 29%.

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

Cost of living in Gainesville

Housing is the biggest part of the cost of living. In Gainesville the median home value is $119,500, 64% lower than the U.S. median. Renters pay a median of $457 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,142 a month in housing costs.

Median home value

Gainesville$119,500
Missouri$230,300
United States$332,700

Median monthly rent

Gainesville$457
Missouri$1,033
United States$1,413

Gainesville median household income

The median household income in Gainesville is $32,391 and the income per person is $22,557. 29% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Gainesville$32,391
Missouri$70,702
United States$80,734

Housing in Gainesville: homes for sale and rent

Housing units
466
Owner-occupied
50.3%
Renter-occupied
49.7%
Vacant
15.5%Includes seasonal homes
Median year built
1968
Average household size
2.43

Gainesville demographics

Population
1,010
Median age
40.4
Under 18
23.7%
65 and older
25.6%
Households
394
Foreign-born
0%
Veterans
8.7%Adults 18+

Race and ethnicity

White93.1%
Hispanic or Latino2.7%
Black2.4%
Asian0%

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

Education in Gainesville

15.6% of adults 25 and older in Gainesville have a bachelor's degree or higher (Missouri: 32.4%), and 7% have a graduate or professional degree.

Bachelor's degree or higher

Gainesville15.6%
Missouri32.4%
United States35.7%

Jobs and commute in Gainesville

Unemployment rate
7.4%State: 4%
Average commute
22 minState: 24 min
Work from home
7.8%
Drive alone
74.4%
Public transit
0%
Walk to work
2%
Homes with broadband
71.1%

Gainesville vs nearby towns

TownPopulationMedian incomeHome valueRent
Gainesville1,010$32,391$119,500$457
Oakland146$43,358——
Theodosia178$24,600$114,600—
Midway1,279$30,750$147,300$1,035
Bakersfield188$37,043$97,400$950
Lakeview851$66,786$215,700$675
Bull Shoals1,678$41,976$158,100$715
Mountain Home13,108$41,274$169,800$865
Henderson415$43,767$188,600—

More for people moving to Gainesville

Gainesville ZIP code ›Weather and climate ›

Living in Gainesville: FAQ

What is the median household income in Gainesville, MO?

The median household income in Gainesville is $32,391, 54% 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 Gainesville?

The median home value in Gainesville is $119,500, compared with $230,300 in Missouri.

How much is rent in Gainesville?

The median gross rent in Gainesville is $457 per month, about 27.8% of household income.

Is Gainesville, MO a good place to live?

Pluses: home values 48% lower than the state median; an average commute of 22 minutes. Minuses: median household income 54% lower than the Missouri median; unemployment of 7.4%; a poverty rate of 29%.

What is the median age in Gainesville?

The median age in Gainesville is 40.4 years (Missouri: 39).

How long is the commute in Gainesville?

The average commute to work in Gainesville is 22 minutes; 7.8% of workers work from home.

What is the unemployment rate in Gainesville?

The unemployment rate in Gainesville is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gainesville?

15.6% of adults in Gainesville 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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