Lanagan, MO
Population 425 · Missouri
About Lanagan, MO
Lanagan is a small community located in Missouri with a population of 425 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,125 per year, which is 43% below the national median of $75,149. The median age of 34.3 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 Lanagan features a median home value of $80,000, which is 67% below the national median of $244,900. This makes Lanagan one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $513, 56% below the national average of $1,163/month. Of the 212 total housing units, 41% are owner-occupied (66 units) and 59% are renter-occupied (96 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Lanagan shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.3%, above the national average of 12.4%. Workers in Lanagan have an average one-way commute time of 24.2 minutes.
Education & Demographics
8.3% of Lanagan 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 12.0% White, 2.8% Hispanic or Latino, 0.0% Black or African American, and 4.5% Asian residents, with 12.7% of the population being foreign-born.
Cost of Living in Lanagan, MO
Compared to national averages, Lanagan has a median household income of $43,125 (43% below the national median of $75,149). Home values average $80,000, which is 67% below the national median. Monthly rent at $513 is 56% below the US average of $1,163. Within Missouri, Lanagan's income is 29% below the state average of $61,047, and home values are 47% below the state median of $150,786.
Why Live in Lanagan, MO?
Lanagan 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 $513/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features short commute times averaging just 24.2 minutes.
Potential considerations include median household income ($43,125) that falls below the national average. However, Lanagan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lanagan has a population of 425 with a median age of 34.3 years. Compare Lanagan with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Lanagan
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eolia | 426 | $57,500 | $99,500 | Compare |
| Summersville | 427 | $40,000 | $63,700 | Compare |
| Polo | 428 | $48,750 | $152,500 | Compare |
| Windsor Place | 420 | $96,667 | $234,700 | Compare |
| Tebbetts | 419 | $73,381 | $202,000 | Compare |
| Chamois | 417 | $37,857 | $57,000 | Compare |
| Shakertowne | 416 | $51,756 | $171,000 | Compare |
| Lewistown | 436 | $53,500 | $90,000 | 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 Lanagan With Other Cities
Frequently Asked Questions about Lanagan
What is the population of Lanagan, MO?
The population of Lanagan, MO is 425 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 Lanagan?
The median household income in Lanagan, MO is $43,125 per year, which is 43% below the national median of $75,149.
What is the median home value in Lanagan?
The median home value in Lanagan, MO is $80,000, which is 67% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lanagan?
The median monthly rent in Lanagan, MO is $513, which is 56% below the national average of $1,163/month.
What is the unemployment rate in Lanagan?
The unemployment rate in Lanagan, MO is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lanagan, MO a good place to live?
Lanagan offers a moderate cost of living, affordable housing, and a strong job market. With a population of 425 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Lanagan, MO?
8.3% of residents in Lanagan 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 Lanagan?
Key cost-of-living indicators for Lanagan, MO: median home value is $80,000 (67% below national), median rent is $513/month, and median household income is $43,125. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lanagan?
The poverty rate in Lanagan, MO is 19.3%, 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 Lanagan, MO?
Lanagan's population is 12.0% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 4.5% Asian, and 0.0% two or more races. 12.7% of residents are foreign-born.