MyNeighborhood

Can you afford to live in COLUMBIA?

Median household income, home values and rent in COLUMBIA, MO — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in COLUMBIA.

Median household income: $64,488 — +43.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,067/mo — +33.5% since 2015

Median home value, 2015 to 2023

  • 2015: 176900
  • 2023: 268300

Median household income

  • COLUMBIA: 64488
  • Boone County: 69913
  • MO: 68920
  • U.S.: 78538

Median gross rent

  • COLUMBIA: 1067
  • Boone County: 1060
  • MO: 996
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.4% — U.S.: 30.2%

What it means

The typical household here earns $64,488 — notably lower than the national figure of $78,538.

The typical renter here spends 31.4% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+43.6% versus +33.5%), before adjusting for inflation.

Sources

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