Shakertowne, MO
Population 416 · Missouri
About Shakertowne, MO
Shakertowne is a small community located in Missouri with a population of 416 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,756 per year, which is 31% below the national median of $75,149. The median age of 46.8 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 Shakertowne features a median home value of $171,000, which is 30% below the national median of $244,900. This positions Shakertowne in a moderately priced market relative to the rest of the country. Median monthly rent is $677, 42% below the national average of $1,163/month. Of the 228 total housing units, 62% are owner-occupied (128 units) and 38% are renter-occupied (77 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Shakertowne shows an unemployment rate of 8.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shakertowne have an average one-way commute time of 22.6 minutes.
Education & Demographics
15.4% of Shakertowne 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Shakertowne, MO
Compared to national averages, Shakertowne has a median household income of $51,756 (31% below the national median of $75,149). Home values average $171,000, which is 30% below the national median. Monthly rent at $677 is 42% below the US average of $1,163. Within Missouri, Shakertowne's income is 15% below the state average of $61,047, and home values are 13% above the state median of $150,786.
Why Live in Shakertowne, MO?
Shakertowne offers affordable housing with a median home value of $171,000, below the US average of $244,900, and rent that’s lower than the national average at $677/month, and a low poverty rate of 2.4%, better than the national average. Additionally, the city features short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($51,756) that falls below the national average. However, Shakertowne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shakertowne has a population of 416 with a median age of 46.8 years. Compare Shakertowne with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Shakertowne
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chamois | 417 | $37,857 | $57,000 | Compare |
| Arbyrd | 413 | $37,083 | $48,200 | Compare |
| Bellerive Acres | 413 | $134,375 | $322,500 | Compare |
| Blue Eye | 413 | $31,250 | $128,100 | Compare |
| Tebbetts | 419 | $73,381 | $202,000 | Compare |
| Windsor Place | 420 | $96,667 | $234,700 | Compare |
| Rosebud | 411 | $52,500 | $129,200 | Compare |
| Altenburg | 410 | $65,893 | $124,600 | 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 Shakertowne With Other Cities
Frequently Asked Questions about Shakertowne
What is the population of Shakertowne, MO?
The population of Shakertowne, MO is 416 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 Shakertowne?
The median household income in Shakertowne, MO is $51,756 per year, which is 31% below the national median of $75,149.
What is the median home value in Shakertowne?
The median home value in Shakertowne, MO is $171,000, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shakertowne?
The median monthly rent in Shakertowne, MO is $677, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Shakertowne?
The unemployment rate in Shakertowne, MO is 8.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shakertowne, MO a good place to live?
Shakertowne offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 416 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Shakertowne, MO?
15.4% of residents in Shakertowne 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 Shakertowne?
Key cost-of-living indicators for Shakertowne, MO: median home value is $171,000 (30% below national), median rent is $677/month, and median household income is $51,756. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shakertowne?
The poverty rate in Shakertowne, MO is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shakertowne, MO?
Shakertowne's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.