Washburn, MO
Population 561 · Missouri
About Washburn, MO
Washburn is a small community located in Missouri with a population of 561 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,125 per year, which is 13% below the national median of $75,149. The median age of 29.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Washburn features a median home value of $122,100, which is 50% below the national median of $244,900. This makes Washburn one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $719, 38% below the national average of $1,163/month. Of the 246 total housing units, 69% are owner-occupied (143 units) and 31% are renter-occupied (63 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Washburn shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.1%, above the national average of 12.4%. Workers in Washburn have an average one-way commute time of 23.8 minutes.
Education & Demographics
8.6% of Washburn 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 3.4% White, 16.4% Hispanic or Latino, 12.5% Black or African American, and 7.3% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Washburn, MO
Compared to national averages, Washburn has a median household income of $65,125 (13% below the national median of $75,149). Home values average $122,100, which is 50% below the national median. Monthly rent at $719 is 38% below the US average of $1,163. Within Missouri, Washburn's income is 7% above the state average of $61,047, and home values are 19% below the state median of $150,786.
Why Live in Washburn, MO?
Washburn offers affordable housing with a median home value of $122,100, below the US average of $244,900, and rent that’s lower than the national average at $719/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($65,125) that falls below the national average. However, Washburn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Washburn has a population of 561 with a median age of 29.3 years. Compare Washburn with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Washburn
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Corder | 561 | $83,375 | $80,800 | Compare |
| Green City | 560 | $35,602 | $78,100 | Compare |
| Walnut Grove | 566 | $45,357 | $127,600 | Compare |
| Bell City | 554 | $31,058 | $50,000 | Compare |
| Grayhawk | 554 | $49,808 | $123,600 | Compare |
| Wellington | 553 | $67,404 | $142,000 | Compare |
| Parma | 552 | $63,500 | $35,800 | Compare |
| Ravenwood | 571 | $56,500 | $70,000 | 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 Washburn With Other Cities
Frequently Asked Questions about Washburn
What is the population of Washburn, MO?
The population of Washburn, MO is 561 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 Washburn?
The median household income in Washburn, MO is $65,125 per year, which is 13% below the national median of $75,149.
What is the median home value in Washburn?
The median home value in Washburn, MO is $122,100, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Washburn?
The median monthly rent in Washburn, MO is $719, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Washburn?
The unemployment rate in Washburn, MO is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Washburn, MO a good place to live?
Washburn offers a moderate cost of living, affordable housing, and a strong job market. With a population of 561 and a median age of 29.3, the city appeals to young professionals and families.
How educated is Washburn, MO?
8.6% of residents in Washburn 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 Washburn?
Key cost-of-living indicators for Washburn, MO: median home value is $122,100 (50% below national), median rent is $719/month, and median household income is $65,125. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Washburn?
The poverty rate in Washburn, MO is 17.1%, 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 Washburn, MO?
Washburn's population is 3.4% White, 16.4% Hispanic or Latino, 12.5% Black or African American, 7.3% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.