Parkville, MO
Population 8,022 · Missouri
About Parkville, MO
Parkville is a small town located in Missouri with a population of 8,022 residents according to the latest US Census Bureau American Community Survey data. The median household income is $170,794 per year, which is 127% above the national median of $75,149. The median age of 38.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Parkville features a median home value of $557,100, which is 127% above the national median of $244,900. This places Parkville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,078, 7% below the national average of $1,163/month. Of the 3,079 total housing units, 80% are owner-occupied (2,233 units) and 20% are renter-occupied (542 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parkville shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parkville have an average one-way commute time of 22.2 minutes.
Education & Demographics
70.4% of Parkville 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 6.3% White, 0.5% Hispanic or Latino, 2.1% Black or African American, and 0.3% Asian residents, with 3.4% of the population being foreign-born.
How Parkville Ranks in Missouri
Cost of Living in Parkville, MO
Compared to national averages, Parkville has a median household income of $170,794 (127% above the national median of $75,149). Home values average $557,100, which is 127% above the national median. Monthly rent at $1,078 is 7% below the US average of $1,163. Within Missouri, Parkville's income is 180% above the state average of $61,047, and home values are 269% above the state median of $150,786.
Why Live in Parkville, MO?
Parkville offers a strong local economy with a median household income of $170,794, well above the national average, and rent that’s lower than the national average at $1,078/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a well-educated community where 70.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.9%, better than the national average, and short commute times averaging just 22.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $557,100. However, Parkville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parkville has a population of 8,022 with a median age of 38.8 years. Compare Parkville with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Parkville
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nevada | 7,998 | $45,799 | $100,600 | Compare |
| Dexter | 7,906 | $47,647 | $132,700 | Compare |
| Berkeley | 8,149 | $40,654 | $80,000 | Compare |
| Brentwood | 8,151 | $86,641 | $276,100 | Compare |
| Maplewood | 8,154 | $65,510 | $231,500 | Compare |
| Carl Junction | 8,257 | $77,855 | $206,400 | Compare |
| Boonville | 7,682 | $51,321 | $173,400 | Compare |
| Marshfield | 7,599 | $67,134 | $201,300 | 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 Parkville With Other Cities
Frequently Asked Questions about Parkville
What is the population of Parkville, MO?
The population of Parkville, MO is 8,022 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 Parkville?
The median household income in Parkville, MO is $170,794 per year, which is 127% above the national median of $75,149.
What is the median home value in Parkville?
The median home value in Parkville, MO is $557,100, which is 127% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parkville?
The median monthly rent in Parkville, MO is $1,078, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Parkville?
The unemployment rate in Parkville, MO is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Parkville, MO a good place to live?
Parkville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,022 and a median age of 38.8, the city appeals to a broad range of residents.
How educated is Parkville, MO?
70.4% of residents in Parkville 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 Parkville?
Key cost-of-living indicators for Parkville, MO: median home value is $557,100 (127% above national), median rent is $1,078/month, and median household income is $170,794. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Parkville?
The poverty rate in Parkville, MO is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parkville, MO?
Parkville's population is 6.3% White, 0.5% Hispanic or Latino, 2.1% Black or African American, 0.3% Asian, and 2.5% two or more races. 3.4% of residents are foreign-born.