Living in Steele, Missouri
Cost of living, income, home prices, rent and demographics of Steele · Census data 2020–2024
Steele has 1,493 residents with a median age of 38.4. The median household income is $54,600 (23% lower than the Missouri median), the median home value is $119,200, the median rent is $707/month.
Steele is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Steele at a glance
- Population
- 1,493
- Median age
- 38.4State: 39
- Median household income
- $54,600State: $70,702
- Median home value
- $119,200State: $230,300
- Median rent
- $707/moState: $1,033
- Homeowners
- 49.4%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 19 min
Is Steele a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 23% lower than the Missouri median; unemployment of 16%; a poverty rate of 24.4%.
The weather is best in April–May and September–October.
Cost of living in Steele
Housing is the biggest part of the cost of living. In Steele the median home value is $119,200, 64% lower than the U.S. median. Renters pay a median of $707 per month, which is 24.1% of household income. Homeowners with a mortgage pay $1,507 a month in housing costs.
Steele median household income
The median household income in Steele is $54,600 and the income per person is $31,976. 24.4% of residents live below the poverty line (Missouri: 12.6%).
Housing in Steele: homes for sale and rent
- Housing units
- 798
- Owner-occupied
- 49.4%
- Renter-occupied
- 50.6%
- Vacant
- 22.1%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.30
Steele demographics
- Population
- 1,493
- Median age
- 38.4
- Under 18
- 24.8%
- 65 and older
- 15.9%
- Households
- 622
- Foreign-born
- 0%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Steele ›
Education in Steele
17.8% of adults 25 and older in Steele have a bachelor's degree or higher (Missouri: 32.4%), and 5.2% have a graduate or professional degree.
Jobs and commute in Steele
- Unemployment rate
- 16%State: 4%
- Average commute
- 19 minState: 24 min
- Work from home
- 1.9%
- Drive alone
- 79.8%
- Public transit
- 1%
- Walk to work
- 1.5%
- Homes with broadband
- 84.7%
Steele vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Steele | 1,493 | $54,600 | $119,200 | $707 |
| Holland | 141 | $37,375 | $59,300 | — |
| Cooter | 285 | $46,250 | $73,900 | $663 |
| Gosnell | 2,778 | $61,130 | $98,700 | $891 |
| Hayti Heights | 540 | $20,714 | $63,900 | $608 |
| Blytheville | 12,790 | $47,865 | $119,000 | $855 |
| Hayti | 2,090 | $24,881 | $70,400 | $660 |
| Armorel | 345 | $137,917 | $210,500 | — |
| Caruthersville | 5,326 | $34,652 | $107,700 | $801 |
More for people moving to Steele
Steele ZIP code ›Weather and climate ›Living in Steele: FAQ
What is the median household income in Steele, MO?
The median household income in Steele is $54,600, 23% 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 Steele?
The median home value in Steele is $119,200, compared with $230,300 in Missouri.
How much is rent in Steele?
The median gross rent in Steele is $707 per month, about 24.1% of household income.
Is Steele, MO a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 19 minutes. Minuses: median household income 23% lower than the Missouri median; unemployment of 16%; a poverty rate of 24.4%.
What is the median age in Steele?
The median age in Steele is 38.4 years (Missouri: 39).
How long is the commute in Steele?
The average commute to work in Steele is 19 minutes; 1.9% of workers work from home.
What is the unemployment rate in Steele?
The unemployment rate in Steele is 16% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Steele?
17.8% of adults in Steele 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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