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Gallatin, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Gallatin, Missouri had a total population of 1,740, the 295th largest city in Missouri, with a median household income of $47,198, which is 33% lower than the state average. The poverty rate is 19.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Gallatin Quick Facts

Population 1,740
Median Household Income $47,198
Median Home Value $137,500
Poverty Rate 19.8%
Unemployment Rate 4.5%
Median Age 38.3 years
Homeownership Rate 63.5%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 19.4%
High School Graduation Rate 89.5%
Diversity Index 10/100
Population 1,740 295th of 1,062
Median Income $47,198 below average
Poverty Rate 19.8% 59% higher than national
Median Home Value $137,500 average

How Gallatin Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,7221,740+1.0%
Median household income$43,322$47,198+8.9%
Median home value$126,400$137,500+8.8%

How Gallatin Compares

Economy & Housing

Household Income Distribution

Under $25K 21.1%
$25K-$50K 31.0%
$50K-$100K 27.9%
$100K+ 20.0%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
10.0%
$15K-$20K
4.8%
$20K-$25K
3.0%
$25K-$30K
10.4%
$30K-$35K
7.2%
$35K-$40K
4.2%
$40K-$45K
3.3%
$45K-$50K
5.8%
$50K-$60K
10.8%
$60K-$75K
6.8%
$75K-$100K
10.3%
$100K-$125K
4.8%
$125K-$150K
7.0%
$150K-$200K
3.9%
$200K+
4.3%

Employment

4.5% Unemployment Rate State: 4.0%|National: 5.2%
55.9% Labor Force Participation

Housing Overview

Owner 63.5%
Renter 36.5%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $742/mo 18.9% of median household income annually

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 61

Education

Gallatin Rankings in Missouri

#295 Population of 1,062
#659 Median Income of 955
#382 Education of 1,062
#425 Home Value of 941

Other Cities in Daviess County

CityPopulationMedian IncomePovertyHome Value
Jamesport 709 $49,583 10.2% $83,800
Gilman City 382 $58,438 13.6% $68,300
Lake Viking 311 $74,250 7.7% $442,200
Pattonsburg 225 $44,000 20.4% $92,500
Winston 192 $54,375 7.6% $75,000
Altamont 147 $45,313 15.9% $65,700
Jameson 115 $40,769 6.1% $37,300
Coffey 78 $27,500 33.3% $45,000
Lock Springs 49 $97,188 12.2% $121,900

Cities Similar to Gallatin

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bernie1,725$48,438$98,10015.1%24.1%
Ironton1,692$46,750$120,00028.4%14.5%
Campbell1,766$49,926$75,3009.4%30.7%
Shelbina1,653$47,500$86,20019.8%20.6%
Claycomo1,820$49,343$169,60012.9%19.8%

Population Overview

Gallatin is a small community located in Missouri, within Daviess County. The total population is 1,740. It ranks as the 295th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Gallatin is 38.3 years. This is 2% lower than the state median of 39.0 years. With 28.7% of the population under 18, Gallatin has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Gallatin is $47,198. This is 33% lower than the state median of $70,702. It is also 42% lower than the national median of $80,734. The poverty rate stands at 19.8%. This is 57% higher than the state poverty rate of 12.6%. The unemployment rate is 4.5%. This is 12% higher than the state rate of 4.0%. The median home value is $137,500. Housing costs are 40% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.9x, Gallatin is one of the most affordable housing markets in the area. 63.5% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 68.1%.

Race & Ethnicity

Gallatin has a predominantly White (non-Hispanic) population, comprising 94.6% of all residents. Hispanic or Latino residents account for 2.4%. The Hispanic or Latino population (2.4%) is well below the state average of 5.2%.

Education

19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Gallatin, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Gallatin, Missouri?

Gallatin, Missouri has a population of 1,740 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gallatin, MO?

The median household income in Gallatin is $47,198, which is 42% lower than the national median of $80,734.

What is the poverty rate in Gallatin, MO?

The poverty rate in Gallatin is 19.8%. This means approximately 333 residents live below the federal poverty line.

What is the racial makeup of Gallatin, Missouri?

Gallatin's population is 94.6% White, 0.0% Black, 2.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Gallatin, MO?

The median home value in Gallatin is $137,500. The home-value-to-income ratio is 2.9x.

How educated is Gallatin, Missouri?

19.4% of adults (25+) in Gallatin hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.