Living in Halfway, Missouri
Cost of living, income, home prices, rent and demographics of Halfway · Census data 2020–2024
Halfway has 137 residents with a median age of 57.3. The median household income is $29,583 (58% lower than the Missouri median), the median home value is $53,100, the median rent is $718/month.
Halfway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Halfway at a glance
- Population
- 137
- Median age
- 57.3State: 39
- Median household income
- $29,583State: $70,702
- Median home value
- $53,100State: $230,300
- Median rent
- $718/moState: $1,033
- Homeowners
- 72.9%
- Bachelor's degree or higher
- 11.8%
- Average commute
- 14 min
Is Halfway a good place to live?
Pros: Home values 77% lower than the state median; an average commute of 14 minutes; unemployment of 3.3%.
Cons: Median household income 58% lower than the Missouri median; a poverty rate of 32.1%.
The weather is best in May–June and September–October.
Cost of living in Halfway
Housing is the biggest part of the cost of living. In Halfway the median home value is $53,100, 84% lower than the U.S. median. Renters pay a median of $718 per month, which is 41.3% of household income. Homeowners with a mortgage pay $1,203 a month in housing costs.
Halfway median household income
The median household income in Halfway is $29,583 and the income per person is $27,733. 32.1% of residents live below the poverty line (Missouri: 12.6%).
Housing in Halfway: homes for sale and rent
- Housing units
- 68
- Owner-occupied
- 72.9%
- Renter-occupied
- 27.1%
- Vacant
- 13.2%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.32
Halfway demographics
- Population
- 137
- Median age
- 57.3
- Under 18
- 19%
- 65 and older
- 20.4%
- Households
- 59
- Foreign-born
- 0%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Halfway ›
Education in Halfway
11.8% of adults 25 and older in Halfway have a bachelor's degree or higher (Missouri: 32.4%), and 1.8% have a graduate or professional degree.
Jobs and commute in Halfway
- Unemployment rate
- 3.3%State: 4%
- Average commute
- 14 minState: 24 min
- Work from home
- 4%
- Drive alone
- 86%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 57.6%
Halfway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Halfway | 137 | $29,583 | $53,100 | $718 |
| Buffalo | 3,417 | $39,896 | $141,800 | $627 |
| Bolivar | 11,170 | $49,622 | $201,600 | $812 |
| Pleasant Hope | 716 | $65,078 | $155,600 | $950 |
| Louisburg | 141 | $35,625 | $63,800 | $1,083 |
| Morrisville | 595 | $60,625 | $151,300 | $843 |
| Urbana | 441 | $38,750 | $83,000 | $830 |
| Fair Grove | 1,717 | $74,514 | $214,300 | $927 |
| Fair Play | 595 | $40,781 | $105,600 | $938 |
More for people moving to Halfway
Halfway ZIP code ›Weather and climate ›Living in Halfway: FAQ
What is the median household income in Halfway, MO?
The median household income in Halfway is $29,583, 58% 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 Halfway?
The median home value in Halfway is $53,100, compared with $230,300 in Missouri.
How much is rent in Halfway?
The median gross rent in Halfway is $718 per month, about 41.3% of household income.
Is Halfway, MO a good place to live?
Pluses: home values 77% lower than the state median; an average commute of 14 minutes; unemployment of 3.3%. Minuses: median household income 58% lower than the Missouri median; a poverty rate of 32.1%.
What is the median age in Halfway?
The median age in Halfway is 57.3 years (Missouri: 39).
How long is the commute in Halfway?
The average commute to work in Halfway is 14 minutes; 4% of workers work from home.
What is the unemployment rate in Halfway?
The unemployment rate in Halfway is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Halfway?
11.8% of adults in Halfway 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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