Deepwater, MO
Population 401 · Missouri
About Deepwater, MO
Deepwater is a small community located in Missouri with a population of 401 residents according to the latest US Census Bureau American Community Survey data. The median household income is $31,250 per year, which is 58% below the national median of $75,149. The median age of 42.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Deepwater features a median home value of $80,000, which is 67% below the national median of $244,900. This makes Deepwater one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $647, 44% below the national average of $1,163/month. Of the 233 total housing units, 78% are owner-occupied (142 units) and 22% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Deepwater shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 33.4%, above the national average of 12.4%. Workers in Deepwater have an average one-way commute time of 30.7 minutes.
Education & Demographics
7.0% of Deepwater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 5.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Deepwater, MO
Compared to national averages, Deepwater has a median household income of $31,250 (58% below the national median of $75,149). Home values average $80,000, which is 67% below the national median. Monthly rent at $647 is 44% below the US average of $1,163. Within Missouri, Deepwater's income is 49% below the state average of $61,047, and home values are 47% below the state median of $150,786.
Why Live in Deepwater, MO?
Deepwater offers affordable housing with a median home value of $80,000, below the US average of $244,900, and rent that’s lower than the national average at $647/month.
Potential considerations include median household income ($31,250) that falls below the national average. However, Deepwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Deepwater has a population of 401 with a median age of 42.9 years. Compare Deepwater with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Deepwater
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brewer | 399 | $28,682 | $0 | Compare |
| Sunrise Beach | 398 | $50,625 | $250,000 | Compare |
| Sibley | 397 | $97,500 | $152,700 | Compare |
| Birch Tree | 395 | $0 | $67,600 | Compare |
| Maitland | 395 | $47,188 | $77,100 | Compare |
| Keytesville | 394 | $37,292 | $60,000 | Compare |
| Altenburg | 410 | $65,893 | $124,600 | Compare |
| Wilbur Park | 392 | $86,625 | $182,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Deepwater With Other Cities
Frequently Asked Questions about Deepwater
What is the population of Deepwater, MO?
The population of Deepwater, MO is 401 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Deepwater?
The median household income in Deepwater, MO is $31,250 per year, which is 58% below the national median of $75,149.
What is the median home value in Deepwater?
The median home value in Deepwater, MO is $80,000, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Deepwater?
The median monthly rent in Deepwater, MO is $647, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Deepwater?
The unemployment rate in Deepwater, MO is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Deepwater, MO a good place to live?
Deepwater offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 401 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is Deepwater, MO?
7.0% of residents in Deepwater aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Deepwater?
Key cost-of-living indicators for Deepwater, MO: median home value is $80,000 (67% below national), median rent is $647/month, and median household income is $31,250. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Deepwater?
The poverty rate in Deepwater, MO is 33.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Deepwater, MO?
Deepwater's population is 0.0% White, 5.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.