Lake Waukomis, MO
Population 1,085 · Missouri
About Lake Waukomis, MO
Lake Waukomis is a small town located in Missouri with a population of 1,085 residents according to the latest US Census Bureau American Community Survey data. The median household income is $119,519 per year, which is 59% above the national median of $75,149. The median age of 45.3 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 Lake Waukomis features a median home value of $412,100, which is 68% above the national median of $244,900. This places Lake Waukomis in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,438, 24% above the national average of $1,163/month. Of the 453 total housing units, 97% are owner-occupied (421 units) and 3% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Waukomis shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Waukomis have an average one-way commute time of 25.5 minutes.
Education & Demographics
50.9% of Lake Waukomis 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 4.6% White, 0.6% Hispanic or Latino, 1.2% Black or African American, and 0.5% Asian residents, with 0.8% of the population being foreign-born.
How Lake Waukomis Ranks in Missouri
Cost of Living in Lake Waukomis, MO
Compared to national averages, Lake Waukomis has a median household income of $119,519 (59% above the national median of $75,149). Home values average $412,100, which is 68% above the national median. Monthly rent at $1,438 is 24% above the US average of $1,163. Within Missouri, Lake Waukomis's income is 96% above the state average of $61,047, and home values are 173% above the state median of $150,786.
Why Live in Lake Waukomis, MO?
Lake Waukomis offers a strong local economy with a median household income of $119,519, well above the national average, and a well-educated community where 50.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $412,100. However, Lake Waukomis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Waukomis has a population of 1,085 with a median age of 45.3 years. Compare Lake Waukomis with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Lake Waukomis
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Goodman | 1,081 | $42,610 | $94,400 | Compare |
| Indian Lake | 1,075 | $89,583 | $184,000 | Compare |
| Loma Linda | 1,070 | $90,294 | $257,100 | Compare |
| Mound City | 1,103 | $60,735 | $124,700 | Compare |
| Ellington | 1,104 | $33,953 | $70,000 | Compare |
| Pasadena Hills | 1,104 | $85,694 | $248,300 | Compare |
| Maysville | 1,106 | $48,125 | $137,500 | Compare |
| Glasgow | 1,054 | $45,703 | $115,400 | 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 Lake Waukomis With Other Cities
Frequently Asked Questions about Lake Waukomis
What is the population of Lake Waukomis, MO?
The population of Lake Waukomis, MO is 1,085 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 Lake Waukomis?
The median household income in Lake Waukomis, MO is $119,519 per year, which is 59% above the national median of $75,149.
What is the median home value in Lake Waukomis?
The median home value in Lake Waukomis, MO is $412,100, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Waukomis?
The median monthly rent in Lake Waukomis, MO is $1,438, which is 24% above the national average of $1,163/month.
What is the unemployment rate in Lake Waukomis?
The unemployment rate in Lake Waukomis, MO is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Waukomis, MO a good place to live?
Lake Waukomis offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,085 and a median age of 45.3, the city appeals to established professionals and retirees.
How educated is Lake Waukomis, MO?
50.9% of residents in Lake Waukomis 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 Lake Waukomis?
Key cost-of-living indicators for Lake Waukomis, MO: median home value is $412,100 (68% above national), median rent is $1,438/month, and median household income is $119,519. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Waukomis?
The poverty rate in Lake Waukomis, MO is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Waukomis, MO?
Lake Waukomis's population is 4.6% White, 0.6% Hispanic or Latino, 1.2% Black or African American, 0.5% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.