Living in Parkway, Missouri
Cost of living, income, home prices, rent and demographics of Parkway · Census data 2020–2024
Parkway has 624 residents with a median age of 34.3. The median household income is $44,479 (37% lower than the Missouri median), the median home value is $192,900, the median rent is $862/month.
Parkway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parkway at a glance
- Population
- 624
- Median age
- 34.3State: 39
- Median household income
- $44,479State: $70,702
- Median home value
- $192,900State: $230,300
- Median rent
- $862/moState: $1,033
- Homeowners
- 49.1%
- Bachelor's degree or higher
- 14.6%
- Average commute
- 36 min
Is Parkway a good place to live?
Pros: Home values 16% lower than the state median.
Cons: Median household income 37% lower than the Missouri median; an average commute of 36 minutes; unemployment of 5.5%; a poverty rate of 15.5%.
The weather is best in April–May and September–October.
Cost of living in Parkway
Housing is the biggest part of the cost of living. In Parkway the median home value is $192,900, 42% lower than the U.S. median. Renters pay a median of $862 per month, which is 29.8% of household income. Homeowners with a mortgage pay $1,215 a month in housing costs.
Parkway median household income
The median household income in Parkway is $44,479 and the income per person is $28,153. 15.5% of residents live below the poverty line (Missouri: 12.6%).
Housing in Parkway: homes for sale and rent
- Housing units
- 276
- Owner-occupied
- 49.1%
- Renter-occupied
- 50.9%
- Vacant
- 1.1%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.29
Parkway demographics
- Population
- 624
- Median age
- 34.3
- Under 18
- 23.6%
- 65 and older
- 13.8%
- Households
- 273
- Foreign-born
- 0.3%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkway ›
Education in Parkway
14.6% of adults 25 and older in Parkway have a bachelor's degree or higher (Missouri: 32.4%), and 6.9% have a graduate or professional degree.
Jobs and commute in Parkway
- Unemployment rate
- 5.5%State: 4%
- Average commute
- 36 minState: 24 min
- Work from home
- 8.9%
- Drive alone
- 84.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96%
Parkway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkway | 624 | $44,479 | $192,900 | $862 |
| St. Clair | 4,789 | $41,820 | $157,700 | $1,011 |
| Lake St. Clair | 872 | $81,397 | $227,800 | — |
| Union | 12,781 | $73,435 | $205,200 | $858 |
| Miramiguoa Park | 155 | $80,000 | $134,200 | — |
| Villa Ridge | 2,835 | $73,826 | $166,600 | $1,462 |
| Oak Grove Village | 347 | $41,324 | $152,500 | $873 |
| Gray Summit | 2,991 | $65,667 | $170,500 | $1,043 |
| Sullivan | 6,310 | $63,370 | $163,200 | $919 |
More for people moving to Parkway
Parkway ZIP code ›Weather and climate ›Living in Parkway: FAQ
What is the median household income in Parkway, MO?
The median household income in Parkway is $44,479, 37% 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 Parkway?
The median home value in Parkway is $192,900, compared with $230,300 in Missouri.
How much is rent in Parkway?
The median gross rent in Parkway is $862 per month, about 29.8% of household income.
Is Parkway, MO a good place to live?
Pluses: home values 16% lower than the state median. Minuses: median household income 37% lower than the Missouri median; an average commute of 36 minutes; unemployment of 5.5%; a poverty rate of 15.5%.
What is the median age in Parkway?
The median age in Parkway is 34.3 years (Missouri: 39).
How long is the commute in Parkway?
The average commute to work in Parkway is 36 minutes; 8.9% of workers work from home.
What is the unemployment rate in Parkway?
The unemployment rate in Parkway is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkway?
14.6% of adults in Parkway 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.
Last updated: