Novelty village, Missouri Demographics & Population 2026

Population Overview

Novelty village is a small community located in Missouri. The total population is 103. It ranks as the 873rd most populous out of 1,062 cities and towns in Missouri.

Age Demographics

The median age in Novelty village is 38.8 years. This is about average than the state median of 38.9 years. With 42.7% of the population under 18, Novelty village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Novelty village is $83,409. This is 21% higher than the state median of $68,920. Compared to the national median of $78,538, household income here is 6% higher. The poverty rate stands at 5.8%. This is 54% lower than the state poverty rate of 12.6%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.1%. The median home value is $67,500. Housing costs are 69% lower than the state median of $215,600. With a home-value-to-income ratio of just 0.8x, Novelty village is one of the most affordable housing markets in the area. 71.0% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 67.9%.

Race & Ethnicity

Novelty village has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.

Education

17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% lower than the state rate of 31.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.4%.

Data Sources & Methodology

All demographic data for Novelty village, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.