Steelville, MO
Population 1,410 · Missouri
About Steelville, MO
Steelville is a small town located in Missouri with a population of 1,410 residents according to the latest US Census Bureau American Community Survey data. The median household income is $32,404 per year, which is 57% below the national median of $75,149. The median age of 45.7 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 Steelville features a median home value of $82,500, which is 66% below the national median of $244,900. This makes Steelville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $683, 41% below the national average of $1,163/month. Of the 720 total housing units, 48% are owner-occupied (299 units) and 52% are renter-occupied (329 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 Steelville shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.2%, above the national average of 12.4%. Workers in Steelville have an average one-way commute time of 26.6 minutes.
Education & Demographics
11.9% of Steelville 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 0.5% White, 3.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Steelville, MO
Compared to national averages, Steelville has a median household income of $32,404 (57% below the national median of $75,149). Home values average $82,500, which is 66% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Missouri, Steelville's income is 47% below the state average of $61,047, and home values are 45% below the state median of $150,786.
Why Live in Steelville, MO?
Steelville offers affordable housing with a median home value of $82,500, below the US average of $244,900, and rent that’s lower than the national average at $683/month.
Potential considerations include median household income ($32,404) that falls below the national average. However, Steelville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Steelville has a population of 1,410 with a median age of 45.7 years. Compare Steelville with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Steelville
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rich Hill | 1,412 | $45,203 | $58,100 | Compare |
| La Plata | 1,401 | $49,107 | $96,300 | Compare |
| Lake Winnebago | 1,401 | $179,038 | $646,200 | Compare |
| Edina | 1,420 | $42,125 | $79,900 | Compare |
| Princeton | 1,434 | $55,066 | $69,200 | Compare |
| Auxvasse | 1,385 | $54,185 | $129,300 | Compare |
| Mansfield | 1,375 | $30,587 | $92,000 | Compare |
| Shell Knob | 1,445 | $51,852 | $304,700 | 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 Steelville With Other Cities
Frequently Asked Questions about Steelville
What is the population of Steelville, MO?
The population of Steelville, MO is 1,410 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 Steelville?
The median household income in Steelville, MO is $32,404 per year, which is 57% below the national median of $75,149.
What is the median home value in Steelville?
The median home value in Steelville, MO is $82,500, which is 66% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Steelville?
The median monthly rent in Steelville, MO is $683, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Steelville?
The unemployment rate in Steelville, MO is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Steelville, MO a good place to live?
Steelville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,410 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Steelville, MO?
11.9% of residents in Steelville 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 Steelville?
Key cost-of-living indicators for Steelville, MO: median home value is $82,500 (66% below national), median rent is $683/month, and median household income is $32,404. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Steelville?
The poverty rate in Steelville, MO is 25.2%, 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 Steelville, MO?
Steelville's population is 0.5% White, 3.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.6% two or more races. 0.1% of residents are foreign-born.