Living in Gallatin, Missouri
Cost of living, income, home prices, rent and demographics of Gallatin · Census data 2020–2024
Gallatin has 1,740 residents with a median age of 38.3. The median household income is $47,198 (33% lower than the Missouri median), the median home value is $137,500, the median rent is $742/month.
Gallatin at a glance
- Population
- 1,740
- Median age
- 38.3State: 39
- Median household income
- $47,198State: $70,702
- Median home value
- $137,500State: $230,300
- Median rent
- $742/moState: $1,033
- Homeowners
- 63.5%
- Bachelor's degree or higher
- 19.4%
- Average commute
- 22 min
Is Gallatin a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 33% lower than the Missouri median; unemployment of 4.5%; a poverty rate of 19.8%.
The weather is best in May–June and August–September.
Cost of living in Gallatin
Housing is the biggest part of the cost of living. In Gallatin the median home value is $137,500, 59% lower than the U.S. median. Renters pay a median of $742 per month, which is 25.3% of household income. Homeowners with a mortgage pay $1,032 a month in housing costs.
Gallatin median household income
The median household income in Gallatin is $47,198 and the income per person is $26,432. 19.8% of residents live below the poverty line (Missouri: 12.6%).
Housing in Gallatin: homes for sale and rent
- Housing units
- 838
- Owner-occupied
- 63.5%
- Renter-occupied
- 36.5%
- Vacant
- 17.5%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.46
Gallatin demographics
- Population
- 1,740
- Median age
- 38.3
- Under 18
- 28.7%
- 65 and older
- 22.2%
- Households
- 691
- Foreign-born
- 0.2%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Gallatin ›
Education in Gallatin
19.4% of adults 25 and older in Gallatin have a bachelor's degree or higher (Missouri: 32.4%), and 6.9% have a graduate or professional degree.
Jobs and commute in Gallatin
- Unemployment rate
- 4.5%State: 4%
- Average commute
- 22 minState: 24 min
- Work from home
- 6%
- Drive alone
- 70.6%
- Public transit
- 0%
- Walk to work
- 14.2%
- Homes with broadband
- 85.8%
Gallatin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gallatin | 1,740 | $47,198 | $137,500 | $742 |
| Lake Viking | 311 | $74,250 | $442,200 | — |
| Altamont | 147 | $45,313 | $65,700 | $725 |
| Jameson | 115 | $40,769 | $37,300 | — |
| Jamesport | 709 | $49,583 | $83,800 | $483 |
| Winston | 192 | $54,375 | $75,000 | $721 |
| Kidder | 501 | $62,500 | $82,900 | $791 |
| Hamilton | 1,755 | $65,213 | $165,700 | $685 |
| Breckenridge | 485 | $32,199 | — | $619 |
More for people moving to Gallatin
Gallatin ZIP code ›Weather and climate ›Living in Gallatin: FAQ
What is the median household income in Gallatin, MO?
The median household income in Gallatin is $47,198, 33% 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 Gallatin?
The median home value in Gallatin is $137,500, compared with $230,300 in Missouri.
How much is rent in Gallatin?
The median gross rent in Gallatin is $742 per month, about 25.3% of household income.
Is Gallatin, MO a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 22 minutes. Minuses: median household income 33% lower than the Missouri median; unemployment of 4.5%; a poverty rate of 19.8%.
What is the median age in Gallatin?
The median age in Gallatin is 38.3 years (Missouri: 39).
How long is the commute in Gallatin?
The average commute to work in Gallatin is 22 minutes; 6% of workers work from home.
What is the unemployment rate in Gallatin?
The unemployment rate in Gallatin is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gallatin?
19.4% of adults in Gallatin 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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