Living in Lathrop, Missouri
Cost of living, income, home prices, rent and demographics of Lathrop · Census data 2020–2024
Lathrop has 2,560 residents with a median age of 36.2. The median household income is $67,178 (5% lower than the Missouri median), the median home value is $168,000, the median rent is $844/month.
Lathrop at a glance
- Population
- 2,560
- Median age
- 36.2State: 39
- Median household income
- $67,178State: $70,702
- Median home value
- $168,000State: $230,300
- Median rent
- $844/moState: $1,033
- Homeowners
- 62.6%
- Bachelor's degree or higher
- 10.9%
- Average commute
- 28 min
Is Lathrop a good place to live?
Pros: Home values 27% lower than the state median; unemployment of 2.8%.
Cons: Median household income 5% lower than the Missouri median; an average commute of 28 minutes; a poverty rate of 14.3%.
The weather is best in May–June and August–September.
Cost of living in Lathrop
Housing is the biggest part of the cost of living. In Lathrop the median home value is $168,000, 50% lower than the U.S. median. Renters pay a median of $844 per month, which is 19.4% of household income. Homeowners with a mortgage pay $1,476 a month in housing costs.
Lathrop median household income
The median household income in Lathrop is $67,178 and the income per person is $28,311. 14.3% of residents live below the poverty line (Missouri: 12.6%).
Housing in Lathrop: homes for sale and rent
- Housing units
- 985
- Owner-occupied
- 62.6%
- Renter-occupied
- 37.4%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.75
Lathrop demographics
- Population
- 2,560
- Median age
- 36.2
- Under 18
- 24.9%
- 65 and older
- 13.2%
- Households
- 931
- Foreign-born
- 1.8%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lathrop ›
Education in Lathrop
10.9% of adults 25 and older in Lathrop have a bachelor's degree or higher (Missouri: 32.4%), and 2.2% have a graduate or professional degree.
Jobs and commute in Lathrop
- Unemployment rate
- 2.8%State: 4%
- Average commute
- 28 minState: 24 min
- Work from home
- 12.3%
- Drive alone
- 81.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 74.4%
Lathrop vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lathrop | 2,560 | $67,178 | $168,000 | $844 |
| Turney | 108 | $63,542 | $117,900 | — |
| Holt | 440 | $73,125 | $196,300 | $886 |
| Plattsburg | 2,253 | $63,423 | $194,200 | $772 |
| Lawson | 2,905 | $65,941 | $186,000 | $1,005 |
| Osborn | 424 | $52,054 | $93,300 | $802 |
| Excelsior Estates | 239 | $79,844 | $53,500 | $1,305 |
| Cameron | 8,519 | $61,791 | $193,500 | $1,063 |
| Trimble | 561 | $65,563 | $197,600 | $909 |
More for people moving to Lathrop
Lathrop ZIP code ›Weather and climate ›Living in Lathrop: FAQ
What is the median household income in Lathrop, MO?
The median household income in Lathrop is $67,178, 5% 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 Lathrop?
The median home value in Lathrop is $168,000, compared with $230,300 in Missouri.
How much is rent in Lathrop?
The median gross rent in Lathrop is $844 per month, about 19.4% of household income.
Is Lathrop, MO a good place to live?
Pluses: home values 27% lower than the state median; unemployment of 2.8%. Minuses: median household income 5% lower than the Missouri median; an average commute of 28 minutes; a poverty rate of 14.3%.
What is the median age in Lathrop?
The median age in Lathrop is 36.2 years (Missouri: 39).
How long is the commute in Lathrop?
The average commute to work in Lathrop is 28 minutes; 12.3% of workers work from home.
What is the unemployment rate in Lathrop?
The unemployment rate in Lathrop is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lathrop?
10.9% of adults in Lathrop 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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