Drexel, MO
Population 1,039 · Missouri
About Drexel, MO
Drexel is a small town located in Missouri with a population of 1,039 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,910 per year, which is 31% below the national median of $75,149. The median age of 32.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Drexel features a median home value of $128,600, which is 47% below the national median of $244,900. This makes Drexel one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $834, 28% below the national average of $1,163/month. Of the 449 total housing units, 68% are owner-occupied (289 units) and 32% are renter-occupied (136 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Drexel shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Drexel have an average one-way commute time of 35.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
13.9% of Drexel 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 2.2% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Drexel, MO
Compared to national averages, Drexel has a median household income of $51,910 (31% below the national median of $75,149). Home values average $128,600, which is 47% below the national median. Monthly rent at $834 is 28% below the US average of $1,163. Within Missouri, Drexel's income is 15% below the state average of $61,047, and home values are 15% below the state median of $150,786.
Why Live in Drexel, MO?
Drexel offers affordable housing with a median home value of $128,600, below the US average of $244,900, and rent that’s lower than the national average at $834/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Potential considerations include median household income ($51,910) that falls below the national average. However, Drexel’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Drexel has a population of 1,039 with a median age of 32.6 years. Compare Drexel with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Drexel
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Highlandville | 1,049 | $58,438 | $180,400 | Compare |
| Glasgow | 1,054 | $45,703 | $115,400 | Compare |
| Lilbourn | 1,021 | $41,250 | $65,600 | Compare |
| Country Club Hills | 1,017 | $48,132 | $49,400 | Compare |
| New Franklin | 1,015 | $53,056 | $117,700 | Compare |
| Loma Linda | 1,070 | $90,294 | $257,100 | Compare |
| Indian Lake | 1,075 | $89,583 | $184,000 | Compare |
| Exeter | 997 | $48,214 | $106,300 | 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 Drexel With Other Cities
Frequently Asked Questions about Drexel
What is the population of Drexel, MO?
The population of Drexel, MO is 1,039 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in Drexel?
The median household income in Drexel, MO is $51,910 per year, which is 31% below the national median of $75,149.
What is the median home value in Drexel?
The median home value in Drexel, MO is $128,600, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Drexel?
The median monthly rent in Drexel, MO is $834, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Drexel?
The unemployment rate in Drexel, MO is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Drexel, MO a good place to live?
Drexel offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,039 and a median age of 32.6, the city appeals to young professionals and families.
How educated is Drexel, MO?
13.9% of residents in Drexel 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 Drexel?
Key cost-of-living indicators for Drexel, MO: median home value is $128,600 (47% below national), median rent is $834/month, and median household income is $51,910. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Drexel?
The poverty rate in Drexel, MO is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Drexel, MO?
Drexel's population is 2.2% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.