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Parkway, Missouri Demographics & Population 2026

During the 2020–2024 ACS period, Parkway, Missouri had a total population of 624, the 469th largest village in Missouri, with a median household income of $44,479, which is 37% lower than the state average. The poverty rate is 15.5%.

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

Key Takeaways

Parkway Quick Facts

Population 624
Median Household Income $44,479
Median Home Value $192,900
Poverty Rate 15.5%
Unemployment Rate 5.5%
Median Age 34.3 years
Homeownership Rate 49.1%
Affordability Ratio 4.3x
Bachelor's Degree or Higher 14.6%
High School Graduation Rate 87.9%
Diversity Index 21/100
Population 624 469th of 1,062
Median Income $44,479 bottom 30%
Poverty Rate 15.5% 25% higher than national
Median Home Value $192,900 top 30%

How Parkway 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
Population673624-7.3%
Median household income$43,672$44,479+1.8%
Median home value$164,200$192,900+17.5%

How Parkway Compares

Economy & Housing

Household Income Distribution

Under $25K 24.5%
$25K-$50K 28.9%
$50K-$100K 21.6%
$100K+ 24.9%
Detailed income brackets
Under $10K
17.6%
$10K-$15K
2.6%
$15K-$20K
3.3%
$20K-$25K
1.1%
$25K-$30K
7.7%
$30K-$35K
5.1%
$35K-$40K
6.6%
$40K-$45K
7.0%
$45K-$50K
2.6%
$50K-$60K
6.2%
$60K-$75K
10.3%
$75K-$100K
5.1%
$100K-$125K
8.4%
$125K-$150K
8.8%
$150K-$200K
4.8%
$200K+
2.9%

Employment

5.5% Unemployment Rate State: 4.0%|National: 5.2%
70.2% Labor Force Participation

Housing Overview

Owner 49.1%
Renter 50.9%
Affordability Index Moderate
4.3x home value to income ratio
Median gross rent $862/mo 23.3% of median household income annually

People & Demographics

Diversity Index

21out 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

Parkway Rankings in Missouri

#469 Population of 1,062
#720 Median Income of 955
#532 Education of 1,062
#240 Home Value of 941

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Washington 15,130 $79,173 7.9% $231,800
Union 12,781 $73,435 8.2% $205,200
Sullivan 6,310 $63,370 11.5% $163,200
St. Clair 4,789 $41,820 15.0% $157,700
New Haven 3,302 $71,306 10.1% $192,400
Gray Summit 2,991 $65,667 4.2% $170,500
Villa Ridge 2,835 $73,826 15.9% $166,600
Gerald 1,368 $61,458 14.5% $150,800
Lake St. Clair 872 $81,397 0.0% $227,800
Oak Grove Village 347 $41,324 31.5% $152,500

Cities Similar to Parkway

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pilot Knob653$44,500$108,0007.3%16.5%
Lowry City618$41,250$82,2006.9%26.9%
Alba624$51,510$83,20013.3%32.4%
Bevier657$47,240$94,20011.0%15.1%
Shelbyville621$52,250$85,20017.3%16.5%

A note before these figures: with a population of 624, Parkway'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

Parkway is a small community located in Missouri, within Franklin County. The total population is 624. It ranks as the 469th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Parkway is 34.3 years. This is 12% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Parkway is $44,479. This is 37% lower than the state median of $70,702. It is also 45% lower than the national median of $80,734. The poverty rate stands at 15.5%. This is 23% higher than the state poverty rate of 12.6%. The unemployment rate is 5.5%. This is 37% higher than the state rate of 4.0%. The median home value is $192,900. Housing costs are 16% lower than the state median of $230,300. The home-value-to-income ratio is 4.3x. 49.1% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 68.1%.

Race & Ethnicity

Parkway has a predominantly White (non-Hispanic) population, comprising 88.5% of all residents. Hispanic or Latino residents account for 2.4%. The Black or African American population (0.5%) is well below the state average of 10.9%. The Hispanic or Latino population (2.4%) is well below the state average of 5.2%.

Education

14.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% 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 87.9%.

Data Sources & Methodology

All demographic data for Parkway, 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 Parkway, Missouri?

Parkway, Missouri has a population of 624 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Parkway, MO?

The median household income in Parkway is $44,479, which is 45% lower than the national median of $80,734.

What is the poverty rate in Parkway, MO?

The poverty rate in Parkway is 15.5%. This means approximately 96 residents live below the federal poverty line.

What is the racial makeup of Parkway, Missouri?

Parkway's population is 88.5% White, 0.5% Black, 2.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Parkway, MO?

The median home value in Parkway is $192,900. The home-value-to-income ratio is 4.3x.

How educated is Parkway, Missouri?

14.6% of adults (25+) in Parkway hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.