Living in Thayer, Missouri
Cost of living, income, home prices, rent and demographics of Thayer · Census data 2020–2024
Thayer has 2,333 residents with a median age of 40.6. The median household income is $37,417 (47% lower than the Missouri median), the median home value is $67,500, the median rent is $627/month.
Thayer at a glance
- Population
- 2,333
- Median age
- 40.6State: 39
- Median household income
- $37,417State: $70,702
- Median home value
- $67,500State: $230,300
- Median rent
- $627/moState: $1,033
- Homeowners
- 68.1%
- Bachelor's degree or higher
- 20%
- Average commute
- 18 min
Is Thayer a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 18 minutes.
Cons: Median household income 47% lower than the Missouri median; unemployment of 4.8%; a poverty rate of 34.3%.
The weather is best in April–May and September–October.
Cost of living in Thayer
Housing is the biggest part of the cost of living. In Thayer the median home value is $67,500, 80% lower than the U.S. median. Renters pay a median of $627 per month, which is 32.3% of household income. Homeowners with a mortgage pay $1,076 a month in housing costs.
Thayer median household income
The median household income in Thayer is $37,417 and the income per person is $18,973. 34.3% of residents live below the poverty line (Missouri: 12.6%).
Housing in Thayer: homes for sale and rent
- Housing units
- 1,077
- Owner-occupied
- 68.1%
- Renter-occupied
- 31.9%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.47
Thayer demographics
- Population
- 2,333
- Median age
- 40.6
- Under 18
- 30.9%
- 65 and older
- 19.9%
- Households
- 915
- Foreign-born
- 0.5%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Thayer ›
Education in Thayer
20% of adults 25 and older in Thayer have a bachelor's degree or higher (Missouri: 32.4%), and 12.8% have a graduate or professional degree.
Jobs and commute in Thayer
- Unemployment rate
- 4.8%State: 4%
- Average commute
- 18 minState: 24 min
- Work from home
- 4.9%
- Drive alone
- 78.8%
- Public transit
- 1.6%
- Walk to work
- 0.7%
- Homes with broadband
- 78.7%
Thayer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thayer | 2,333 | $37,417 | $67,500 | $627 |
| Mammoth Spring | 1,226 | $32,863 | $103,000 | $404 |
| Koshkonong | 198 | $28,182 | $62,900 | $743 |
| Brandsville | 139 | $68,971 | — | — |
| Alton | 744 | $50,208 | $114,200 | $639 |
| Hardy | 890 | $26,932 | $58,600 | $444 |
| Cherokee Village | 5,046 | $37,326 | $94,600 | $951 |
| Highland | 1,354 | $49,063 | $104,400 | $817 |
| Ozark Acres | 670 | $31,940 | $73,700 | $1,107 |
More for people moving to Thayer
Thayer ZIP code ›Weather and climate ›Living in Thayer: FAQ
What is the median household income in Thayer, MO?
The median household income in Thayer is $37,417, 47% 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 Thayer?
The median home value in Thayer is $67,500, compared with $230,300 in Missouri.
How much is rent in Thayer?
The median gross rent in Thayer is $627 per month, about 32.3% of household income.
Is Thayer, MO a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 18 minutes. Minuses: median household income 47% lower than the Missouri median; unemployment of 4.8%; a poverty rate of 34.3%.
What is the median age in Thayer?
The median age in Thayer is 40.6 years (Missouri: 39).
How long is the commute in Thayer?
The average commute to work in Thayer is 18 minutes; 4.9% of workers work from home.
What is the unemployment rate in Thayer?
The unemployment rate in Thayer is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thayer?
20% of adults in Thayer 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: