Grantwood Village, MO
Population 915 · Missouri
About Grantwood Village, MO
Grantwood Village is a small community located in Missouri with a population of 915 residents according to the latest US Census Bureau American Community Survey data. The median household income is $134,844 per year, which is 79% above the national median of $75,149. The median age of 44.5 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 Grantwood Village features a median home value of $488,500, which is 99% above the national median of $244,900. This places Grantwood Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 368 total housing units, 96% are owner-occupied (334 units) and 4% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grantwood Village shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grantwood Village have an average one-way commute time of 19.4 minutes, one of the shorter commutes in the region.
Education & Demographics
66.1% of Grantwood Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.1% Hispanic or Latino, 0.2% Black or African American, and 0.2% Asian residents, with 1.0% of the population being foreign-born.
How Grantwood Village Ranks in Missouri
Cost of Living in Grantwood Village, MO
Compared to national averages, Grantwood Village has a median household income of $134,844 (79% above the national median of $75,149). Home values average $488,500, which is 99% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Missouri, Grantwood Village's income is 121% above the state average of $61,047, and home values are 224% above the state median of $150,786.
Why Live in Grantwood Village, MO?
Grantwood Village offers a strong local economy with a median household income of $134,844, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features a well-educated community where 66.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.2%, better than the national average, and short commute times averaging just 19.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $488,500. However, Grantwood Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grantwood Village has a population of 915 with a median age of 44.5 years. Compare Grantwood Village with other cities to see how it stacks up, or explore all cities in Missouri.
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Demographics
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grantwood Village
What is the population of Grantwood Village, MO?
The population of Grantwood Village, MO is 915 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 Grantwood Village?
The median household income in Grantwood Village, MO is $134,844 per year, which is 79% above the national median of $75,149.
What is the median home value in Grantwood Village?
The median home value in Grantwood Village, MO is $488,500, which is 99% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grantwood Village?
The median monthly rent in Grantwood Village, MO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grantwood Village?
The unemployment rate in Grantwood Village, MO is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grantwood Village, MO a good place to live?
Grantwood Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 915 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Grantwood Village, MO?
66.1% of residents in Grantwood Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Grantwood Village?
Key cost-of-living indicators for Grantwood Village, MO: median home value is $488,500 (99% above national), median rent is $0/month, and median household income is $134,844. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Grantwood Village?
The poverty rate in Grantwood Village, MO is 1.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grantwood Village, MO?
Grantwood Village's population is 0.0% White, 1.1% Hispanic or Latino, 0.2% Black or African American, 0.2% Asian, and 0.8% two or more races. 1.0% of residents are foreign-born.