Living in Slater, Missouri

Cost of living, income, home prices, rent and demographics of Slater · Census data 2020–2024

Slater has 2,066 residents with a median age of 37.5. The median household income is $39,479 (44% lower than the Missouri median), the median home value is $85,300, the median rent is $545/month.

Slater at a glance

Population
2,066
Median age
37.5State: 39
Median household income
$39,479State: $70,702
Median home value
$85,300State: $230,300
Median rent
$545/moState: $1,033
Homeowners
53.4%
Bachelor's degree or higher
13.7%
Average commute
20 min

Is Slater a good place to live?

Pros: Home values 63% lower than the state median; an average commute of 20 minutes; unemployment of 1.9%.

Cons: Median household income 44% lower than the Missouri median; a poverty rate of 34%.

The weather is best in May–June and August–September.

Cost of living in Slater

Housing is the biggest part of the cost of living. In Slater the median home value is $85,300, 74% lower than the U.S. median. Renters pay a median of $545 per month, which is 33% of household income. Homeowners with a mortgage pay $1,025 a month in housing costs.

Median home value

Slater$85,300
Missouri$230,300
United States$332,700

Median monthly rent

Slater$545
Missouri$1,033
United States$1,413

Slater median household income

The median household income in Slater is $39,479 and the income per person is $21,814. 34% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Slater$39,479
Missouri$70,702
United States$80,734

Housing in Slater: homes for sale and rent

Housing units
1,012
Owner-occupied
53.4%
Renter-occupied
46.6%
Vacant
25%Includes seasonal homes
Median year built
1963
Average household size
2.67

Slater demographics

Population
2,066
Median age
37.5
Under 18
20.5%
65 and older
17.9%
Households
759
Foreign-born
3.3%
Veterans
2.8%Adults 18+

Race and ethnicity

White80%
Hispanic or Latino9%
Black14.1%
Asian2.6%

Hispanic or Latino can be of any race. Population history of Slater ›

Education in Slater

13.7% of adults 25 and older in Slater have a bachelor's degree or higher (Missouri: 32.4%), and 5.9% have a graduate or professional degree.

Bachelor's degree or higher

Slater13.7%
Missouri32.4%
United States35.7%

Jobs and commute in Slater

Unemployment rate
1.9%State: 4%
Average commute
20 minState: 24 min
Work from home
2.3%
Drive alone
84.9%
Public transit
0%
Walk to work
7.7%
Homes with broadband
77.6%

Slater vs nearby towns

TownPopulationMedian incomeHome valueRent
Slater2,066$39,479$85,300$545
Gilliam324$39,728$85,800$588
Marshall13,739$54,437$147,900$761
Glasgow1,118$50,446$122,600$446
Brunswick859$39,531$76,100$472
Keytesville435$40,682$86,300$447
Malta Bend211$46,875$91,000—
Blackwater207$66,389$123,600$938
Armstrong416$59,063$57,500$913

More for people moving to Slater

Slater ZIP code ›Weather and climate ›

Living in Slater: FAQ

What is the median household income in Slater, MO?

The median household income in Slater is $39,479, 44% 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 Slater?

The median home value in Slater is $85,300, compared with $230,300 in Missouri.

How much is rent in Slater?

The median gross rent in Slater is $545 per month, about 33% of household income.

Is Slater, MO a good place to live?

Pluses: home values 63% lower than the state median; an average commute of 20 minutes; unemployment of 1.9%. Minuses: median household income 44% lower than the Missouri median; a poverty rate of 34%.

What is the median age in Slater?

The median age in Slater is 37.5 years (Missouri: 39).

How long is the commute in Slater?

The average commute to work in Slater is 20 minutes; 2.3% of workers work from home.

What is the unemployment rate in Slater?

The unemployment rate in Slater is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Slater?

13.7% of adults in Slater 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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