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Cost of living, pay and housing

38.34° N · 90.97° W · GEOID 2956306

Parkway

Franklin County, Missouri · part of the St. Louis, MO metro

Limited data population under 5,000

MissouriParkway, MOParkwayParkway

The short answer

Parkway is home to 624 people. Median household income is $44,479 a year and median rent is $862 a month, 23.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $192,900, about 4.3x annual median household income.

Median gross rent
$862
37% below the median place
Median household income
$44,479
45% below the median place
Median home value
$192,900
40% below the median place
Unemployment
4.3%
12% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Parkway

  • Household income has grown -3% a year across the last five survey releases, slower than in 99% of the 2,480 places under 10,000 people we track. It is the lowest of 140 Missouri places.
  • After the median rent, and with prices for everything else adjusted to the US average, the median household has about $34,700 a year left, less than in 94% of places its size.
  • Renters occupy 51% of homes, more than in 91% of places its size.
  • Half the homes were built after 2000, newer housing than in 90% of places its size.
  • 15% of adults hold a bachelor's degree or higher, a smaller share than in 87% of places its size.
01

Moving to Parkway

Franklin County gains about 7.9 residents per 1,000 a year to moves between counties.

Moved in4,319
Moved out3,596
Net+723

Where people come from and where they go, top counties

Gasconade County, MO190174+16
Washington County, MO111

Within Missouri, other states or abroad

Arrivals
Leavers
Within MissouriOther states

Income per tax return

Arrivals$67K
Leavers$57K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Franklin County; flows under 20 returns are not published.

Who moves here
4.5% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Franklin County report $66,700 a year in income on average; those leaving, $56,900, so newcomers earn more than leavers.
Income you would need
$34,500 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $862 a month; owners with a mortgage pay $1,215 a month including taxes and insurance, on a median home of $192,900.
Getting to work
36 minutes each way on average; 10.3% work from home.
If it is close but not quite
Jackson, GA matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Net movers per 1,000 people8
7.9
above the median place (median -0.6)
Income of households moving out8
$56,861
19% below the median place
All 5 moving measures
MeasureParkwayAmong 6,645 placesVs median
Moved here in the past year1County figure4.5%22% below
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people8County figure7.9above (median -0.6)
Income of households moving in8County figure$66,6566% below
Income of households moving out8County figure$56,86119% below
02

What it costs to live here

Owner costs with a mortgage is $1,215, 35% below the median place.

Parkway23.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$34,480
a year, at the 30% line
Rent to income
23.3%
14% above the median place
Home price to income
4.3x
14% above the median place

Could you afford it?

The median rent would take
24%
comfortably under the 30% line
Left after rent, in US prices
$34,200
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Parkway, $862 a month, and local prices for everything else (98.4 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Parkway.

Sponsored · exampleMoving to Parkway? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Owner costs with a mortgage1
$1,215
35% below the median place
Median year built1
2000
1% above the median place
Homeownership1
49.1%
26% below the median place
All 16 cost and housing measures
MeasureParkwayAmong 6,645 placesVs median
Median gross rent1$86237% below
Rent to income123.3%14% above
Property tax rate10.9%3% below
Home price to income14.3x14% above
Prices vs US average2Metro figure95.16% below
Fair market rent, 2 bedrooms3County figure$1,34916% below
HUD area median income4County figure$113,5006% above
Property tax paid (median)1$1,70548% below
Median home value1$192,90040% below
Home prices, 1-year change5County figure6.3%97% above
Home prices, 5-year change5County figure52.8%2% above
Homeownership149.1%26% below
Renters paying 30%+149.3%3% below
Owner costs with a mortgage1$1,21535% below
Vacant homes1County figure7.1%0% above
Median year built120001% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Median household income1
$44,479
45% below the median place
Mean commute1
36 min
43% above the median place
All 10 work and pay measures
MeasureParkwayAmong 6,645 placesVs median
Median household income1$44,47945% below
Income per person1$28,15330% below
Unemployment1County figure4.3%12% below
Average annual pay6County figure$53,59119% below
Pay growth, 1 year6County figure3.7%0% above
Jobs6County figure39,75774% below
Poverty rate115.5%44% above
Mean commute136 min43% above
Works from home1County figure10.3%18% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Bachelor's or higher is 14.6%, 54% below the median place.

Bachelor's or higher1
14.6%
54% below the median place
Population change since 20207
-3.0%
below the median place (median 1.1%)
Median age1
34.3
12% below the median place

More about who lives here, against the typical place

Homes with broadband96.0% +4%
Household size2.3 −8%
High school or higher87.9% −5%
All 9 people measures
MeasureParkwayAmong 6,645 placesVs median
Population16246646th largest
Population change since 20207-3.0%below (median 1.1%)
Median age134.312% below
Bachelor's or higher114.6%54% below
High school or higher187.9%5% below
Household size12.38% below
Born abroad1County figure1.4%84% below
No health insurance1County figure6.9%8% above
Homes with broadband196.0%4% above
05

Life in Parkway

62 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars18.6 −11%
Shops34.1 +13%
Arts, recreation and fitness3.8 −7%
Doctors' offices and clinics17.9 −11%
Child care centers2.2 −4%

Counts businesses with paid staff, so small owner-run shops are not included.

Students per teacher11
12.9
16% below the median place
Public schools11
40
344% above the median place
Public school students11
14,824
203% above the median place
All 9 schools and local life measures
MeasureParkwayAmong 6,645 placesVs median
Public schools11County figure40344% above
Public school students11County figure14,824203% above
Students per teacher11County figure12.916% below
Restaurants and bars per 10k9County figure18.611% below
Shops per 10k9County figure34.113% above
Arts, recreation and fitness per 10k9County figure3.87% below
Doctors' offices and clinics per 10k9County figure17.911% below
Child care centers per 10k9County figure2.24% below
National Register listings10County figure62377% above
06

Safety, weather and risk

Good air days is 31.2%, 54% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Parkway. Larger places are fetched first.

Good air days14
31.2%
54% below the median place
Median air quality index14
56
30% above the median place
Hurricane risk13
18.3
74% below the median place
All 11 weather and risk measures
MeasureParkwayAmong 6,645 placesVs median
July average high12County figure89°F2% above
January average low12County figure21°F15% below
Average temperature12County figure55°F1% above
Annual precipitation12County figure43.1 in2% below
Natural hazard risk13County figure83.510% below
Hurricane risk13County figure18.374% below
Tornado risk13County figure86.56% above
Wildfire risk13County figure66.79% above
Heat wave risk13County figure93.74% above
Median air quality index14Metro figure5630% above
Good air days14Metro figure31.2%54% below
08

Parkway in 2030: where the trends point

If recent trends hold, the median rent will take about 24% of the median income in 2030, up from 23% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$862/mo (2024)$1,080/mo$880 to $1,310/mo+3.8%
Median household income$44,479 (2024)$54,000$45,500 to $64,000+3.3%
Median home value$192,900 (2024)$276,000$201,000 to $381,000+6.2%
Population636 (2025)630600 to 660−0.2%

The median home would be worth 5.1 years of the median income in 2030, against 4.3 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Parkway

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Jackson, GA$817$46,191Compare
Selma, NC$820$41,368Compare
Berryville, AR$875$42,283Compare
Bay Minette, AL$782$44,523Compare
Bay Minette, ALBerryville, ARSelma, NCJackson, GAParkway, MOParkwayJacksonSelmaBerryvilleBay MinetteParkwayJacksonSelmaBerryvilleBay Minette

Common questions

Is Parkway a good place to live?

It depends on what you need, so here is what the numbers say. Household income has grown -3% a year across the last five survey releases, slower than in 99% of the 2,480 places under 10,000 people we track. It is the lowest of 140 Missouri places. After the median rent, and with prices for everything else adjusted to the US average, the median household has about $34,700 a year left, less than in 94% of places its size. On cost, space and class size it scores 7 out of 100 for families. See how it ranks with your own weights.

Is Parkway expensive to live in?

The median rent takes 23.3% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $192,900.

What salary do you need to live in Parkway?

To rent the median home without spending more than 30% of income on rent, a household needs about $34,480 a year. Work it out from your current city.

What places are similar to Parkway?

On income, rent, home value, education and age, the closest matches are Jackson, GA, Selma, NC, Berryville, AR and Bay Minette, AL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Parkway with places of a similar size, using only figures measured for Parkway itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/parkway-missouri

Citytistics. “Parkway, Missouri.” Data as of 2026-11-14. https://www.citytistics.com/city/parkway-missouri/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.