Platte Woods, MO
Population 528 · Missouri
About Platte Woods, MO
Platte Woods is a small community located in Missouri with a population of 528 residents according to the latest US Census Bureau American Community Survey data. The median household income is $126,250 per year, which is 68% above the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Platte Woods features a median home value of $312,800, which is 28% above the national median of $244,900. This positions Platte Woods in a moderately priced market relative to the rest of the country. Median monthly rent is $1,793, 54% above the national average of $1,163/month. Of the 209 total housing units, 72% are owner-occupied (147 units) and 28% are renter-occupied (58 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Platte Woods shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Platte Woods have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
47.0% of Platte Woods 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 2.7% White, 4.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
How Platte Woods Ranks in Missouri
Cost of Living in Platte Woods, MO
Compared to national averages, Platte Woods has a median household income of $126,250 (68% above the national median of $75,149). Home values average $312,800, which is 28% above the national median. Monthly rent at $1,793 is 54% above the US average of $1,163. Within Missouri, Platte Woods's income is 107% above the state average of $61,047, and home values are 107% above the state median of $150,786.
Why Live in Platte Woods, MO?
Platte Woods offers a strong local economy with a median household income of $126,250, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a well-educated community where 47.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.1%, better than the national average, and short commute times averaging just 18.9 minutes.
Platte Woods has a population of 528 with a median age of 40.3 years. Compare Platte Woods 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 Platte Woods
What is the population of Platte Woods, MO?
The population of Platte Woods, MO is 528 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 Platte Woods?
The median household income in Platte Woods, MO is $126,250 per year, which is 68% above the national median of $75,149.
What is the median home value in Platte Woods?
The median home value in Platte Woods, MO is $312,800, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Platte Woods?
The median monthly rent in Platte Woods, MO is $1,793, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Platte Woods?
The unemployment rate in Platte Woods, MO is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Platte Woods, MO a good place to live?
Platte Woods offers above-average incomes, a competitive housing market, and a strong job market. With a population of 528 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Platte Woods, MO?
47.0% of residents in Platte Woods 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 Platte Woods?
Key cost-of-living indicators for Platte Woods, MO: median home value is $312,800 (28% above national), median rent is $1,793/month, and median household income is $126,250. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Platte Woods?
The poverty rate in Platte Woods, MO is 1.1%, 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 Woods, MO?
Platte Woods's population is 2.7% White, 4.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.1% two or more races. 1.5% of residents are foreign-born.