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Housing Affordability in Gallatin, MO
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 21.7%
- Missouri 26.3%
- Renters paying 30%+
- 30.4%
- Missouri 45.6%
- Homeowners paying 30%+
- 17.0%
- Missouri 18.0%
- Owner costs with a mortgage
- $1,032/mo
- Missouri $1,524/mo
Gallatin has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more7330.4%
- Homeowners paying 30% or more7417.0%
- Renters paying 50% or more4719.6%
- Median rent as a share of income: 25.3%
- Median owner costs as a share of income, with a mortgage: 20.9%
- Median owner costs without a mortgage: $473/mo
- Median home value divided by median household income: 2.9
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Gallatin, MO | 21.7% | 30.4% | 17.0% | 25.3% |
| Daviess County | 18.5% | 30.3% | 15.9% | 22.1% |
| Missouri | 26.3% | 45.6% | 18.0% | 28.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Gallatin, MO?
- In Gallatin, MO, 21.7% of households spend 30% or more of their income on housing costs.
- How does Gallatin compare with Missouri?
- The households paying 30%+ for housing in Gallatin is 21.7%, compared with 26.3% for Missouri as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates