Platte City, MO
Population 4,793 · Missouri
About Platte City, MO
Platte City is a small town located in Missouri with a population of 4,793 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,132 per year, which is 13% below the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Platte City features a median home value of $195,000, which is 20% below the national median of $244,900. This positions Platte City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,173, 1% above the national average of $1,163/month. Of the 2,200 total housing units, 46% are owner-occupied (945 units) and 54% are renter-occupied (1,099 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 Platte City shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Platte City have an average one-way commute time of 22.5 minutes.
Education & Demographics
23.2% of Platte City 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 3.9% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in Platte City, MO
Compared to national averages, Platte City has a median household income of $65,132 (13% below the national median of $75,149). Home values average $195,000, which is 20% below the national median. Monthly rent at $1,173 is 1% above the US average of $1,163. Within Missouri, Platte City's income is 7% above the state average of $61,047, and home values are 29% above the state median of $150,786.
Why Live in Platte City, MO?
Platte City offers affordable housing with a median home value of $195,000, below the US average of $244,900, and a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($65,132) that falls below the national average. However, Platte City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Platte City has a population of 4,793 with a median age of 38.1 years. Compare Platte City with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Platte City
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ashland | 4,811 | $90,628 | $231,700 | Compare |
| Higginsville | 4,775 | $76,409 | $163,700 | Compare |
| St. Clair | 4,767 | $40,933 | $134,100 | Compare |
| North Kansas City | 4,758 | $46,024 | $194,700 | Compare |
| Crystal City | 4,721 | $64,650 | $169,500 | Compare |
| Dellwood | 4,869 | $71,171 | $79,800 | Compare |
| Desloge | 4,870 | $63,018 | $112,800 | Compare |
| Osage Beach | 4,715 | $52,067 | $286,800 | 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 Platte City With Other Cities
Frequently Asked Questions about Platte City
What is the population of Platte City, MO?
The population of Platte City, MO is 4,793 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 Platte City?
The median household income in Platte City, MO is $65,132 per year, which is 13% below the national median of $75,149.
What is the median home value in Platte City?
The median home value in Platte City, MO is $195,000, which is 20% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Platte City?
The median monthly rent in Platte City, MO is $1,173, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Platte City?
The unemployment rate in Platte City, MO is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Platte City, MO a good place to live?
Platte City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 4,793 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Platte City, MO?
23.2% of residents in Platte City 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 Platte City?
Key cost-of-living indicators for Platte City, MO: median home value is $195,000 (20% below national), median rent is $1,173/month, and median household income is $65,132. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Platte City?
The poverty rate in Platte City, MO is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Platte City, MO?
Platte City's population is 3.9% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 3.3% two or more races. 2.6% of residents are foreign-born.