Living in Rensselaer, Missouri
Cost of living, income, home prices, rent and demographics of Rensselaer · Census data 2020–2024
Rensselaer has 243 residents with a median age of 50.1. The median household income is $77,750 (10% higher than the Missouri median), the median home value is $190,600.
Rensselaer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Rensselaer at a glance
- Population
- 243
- Median age
- 50.1State: 39
- Median household income
- $77,750State: $70,702
- Median home value
- $190,600State: $230,300
- Homeowners
- 100%
- Bachelor's degree or higher
- 23.4%
- Average commute
- 27 min
Is Rensselaer a good place to live?
Pros: Median household income 10% higher than the Missouri median; home values 17% lower than the state median; a poverty rate of 7.8%.
Cons: An average commute of 27 minutes; unemployment of 5.6%.
The weather is best in May–June and August–September.
Cost of living in Rensselaer
Housing is the biggest part of the cost of living. In Rensselaer the median home value is $190,600, 43% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,398 a month in housing costs.
Rensselaer median household income
The median household income in Rensselaer is $77,750 and the income per person is $31,420. 7.8% of residents live below the poverty line (Missouri: 12.6%).
Housing in Rensselaer: homes for sale and rent
- Housing units
- 101
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 7.9%Includes seasonal homes
- Median year built
- 2000
- Average household size
- 2.44
Rensselaer demographics
- Population
- 243
- Median age
- 50.1
- Under 18
- 21.8%
- 65 and older
- 25.9%
- Households
- 93
- Foreign-born
- 0%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Rensselaer ›
Education in Rensselaer
23.4% of adults 25 and older in Rensselaer have a bachelor's degree or higher (Missouri: 32.4%), and 7.4% have a graduate or professional degree.
Jobs and commute in Rensselaer
- Unemployment rate
- 5.6%State: 4%
- Average commute
- 27 minState: 24 min
- Work from home
- 9.2%
- Drive alone
- 86.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 98.9%
Rensselaer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rensselaer | 243 | $77,750 | $190,600 | — |
| Hannibal | 16,771 | $53,721 | $127,700 | $805 |
| Palmyra | 3,623 | $69,922 | $184,200 | $843 |
| New London | 1,130 | $63,021 | $134,100 | $755 |
| Monroe City | 3,028 | $55,737 | $159,300 | $668 |
| Center | 537 | $59,375 | $82,400 | $400 |
| Philadelphia | 219 | $51,375 | $99,100 | — |
| Hunnewell | 130 | $49,375 | $53,800 | $419 |
| Frankford | 502 | $49,464 | $55,500 | $385 |
More for people moving to Rensselaer
Rensselaer ZIP code ›Weather and climate ›Living in Rensselaer: FAQ
What is the median household income in Rensselaer, MO?
The median household income in Rensselaer is $77,750, 10% higher 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 Rensselaer?
The median home value in Rensselaer is $190,600, compared with $230,300 in Missouri.
Is Rensselaer, MO a good place to live?
Pluses: median household income 10% higher than the Missouri median; home values 17% lower than the state median; a poverty rate of 7.8%. Minuses: an average commute of 27 minutes; unemployment of 5.6%.
What is the median age in Rensselaer?
The median age in Rensselaer is 50.1 years (Missouri: 39).
How long is the commute in Rensselaer?
The average commute to work in Rensselaer is 27 minutes; 9.2% of workers work from home.
What is the unemployment rate in Rensselaer?
The unemployment rate in Rensselaer is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rensselaer?
23.4% of adults in Rensselaer 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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