Novelty, Missouri Demographics & Population 2026

A note before these figures: with a population of 63, Novelty's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Novelty is a small community located in Missouri, within Knox County. The total population is 63. It ranks as the 953rd most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Novelty is 55.5 years. This is 42% higher than the state median of 39.0 years. 17.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Novelty is $69,167. This is 2% lower than the state median of $70,702. It is also 14% lower than the national median of $80,734. The poverty rate stands at 1.6%. This is 87% lower than the state poverty rate of 12.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Novelty, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $109,400. Housing costs are 52% lower than the state median of $230,300. With a home-value-to-income ratio of just 1.6x, Novelty is one of the most affordable housing markets in the area. 80.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 68.1%.

Race & Ethnicity

Every resident counted in Novelty was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

5.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 85% 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 92.5%.

Data Sources & Methodology

All demographic data for Novelty, 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.