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Steele, Missouri Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Steele, Missouri had a total population of 1,493, the 316th largest city in Missouri, with a median household income of $54,600, which is 23% lower than the state average. The poverty rate is 24.3%.

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

Key Takeaways

Steele Quick Facts

Population 1,493
Median Household Income $54,600
Median Home Value $119,200
Poverty Rate 24.3%
Unemployment Rate 16.0%
Median Age 38.4 years
Homeownership Rate 49.4%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 17.8%
High School Graduation Rate 88.8%
Diversity Index 40/100
Population 1,493 316th of 1,062
Median Income $54,600 average
Poverty Rate 24.3% 96% higher than national
Median Home Value $119,200 average

How Steele 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
Population1,4491,493+3.0%
Median household income$33,750$54,600+61.8%
Median home value$115,900$119,200+2.8%

How Steele Compares

Economy & Housing

Household Income Distribution

Under $25K 32.5%
$25K-$50K 13.8%
$50K-$100K 20.7%
$100K+ 33.0%
Detailed income brackets
Under $10K
18.6%
$10K-$15K
3.7%
$15K-$20K
7.7%
$20K-$25K
2.4%
$25K-$30K
1.0%
$30K-$35K
3.5%
$35K-$40K
7.2%
$40K-$45K
0.0%
$45K-$50K
2.1%
$50K-$60K
10.1%
$60K-$75K
3.4%
$75K-$100K
7.2%
$100K-$125K
12.7%
$125K-$150K
7.9%
$150K-$200K
6.9%
$200K+
5.5%

Employment

16.0% Unemployment Rate State: 4.0%|National: 5.2%
64.1% Labor Force Participation

Housing Overview

Owner 49.4%
Renter 50.6%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $707/mo 15.5% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 61

Education

Steele Rankings in Missouri

#316 Population of 1,062
#486 Median Income of 955
#427 Education of 1,062
#518 Home Value of 941

Other Cities in Pemiscot County

CityPopulationMedian IncomePovertyHome Value
Caruthersville 5,326 $34,652 31.4% $107,700
Hayti 2,090 $24,881 42.5% $70,400
Hayti Heights 540 $20,714 50.2% $63,900
Wardell 445 $40,250 42.9% $54,300
Cooter 285 $46,250 18.6% $73,900
Holland 141 $37,375 14.2% $59,300
Pascola 87 $46,071 1.1% $27,500
Hayward 83 N/A 0.0% $30,900
Deering 74 $65,227 4.0% $62,300
Homestown 64 $26,042 45.3% $9,999

Cities Similar to Steele

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Shell Knob1,486$54,925$321,70025.0%14.7%
Tarkio1,471$56,927$87,80023.1%14.4%
Auxvasse1,452$56,307$132,60028.3%29.8%
Pierce City1,477$51,121$135,6005.8%31.8%
Cool Valley1,411$53,560$102,80012.1%28.8%

Population Overview

Steele is a small community located in Missouri, within Pemiscot County. The total population is 1,493. It ranks as the 316th most populous out of 1,062 Census-designated places in Missouri.

Age Demographics

The median age in Steele is 38.4 years. This is 2% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Steele is $54,600. This is 23% lower than the state median of $70,702. It is also 32% lower than the national median of $80,734. The poverty rate stands at 24.3%. This is 94% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 16.0%. This is 299% higher than the state rate of 4.0%. The median home value is $119,200. Housing costs are 48% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.2x, Steele is one of the most affordable housing markets in the area. 49.4% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 68.1%.

Race & Ethnicity

The largest racial or ethnic group in Steele is White (non-Hispanic), making up 75.8% of the population. Black or African American residents account for 7.4%.

Education

17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% 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 88.8%.

Data Sources & Methodology

All demographic data for Steele, 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 Steele, Missouri?

Steele, Missouri has a population of 1,493 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Steele, MO?

The median household income in Steele is $54,600, which is 32% lower than the national median of $80,734.

What is the poverty rate in Steele, MO?

The poverty rate in Steele is 24.3%. This means approximately 348 residents live below the federal poverty line.

What is the racial makeup of Steele, Missouri?

Steele's population is 75.8% White, 7.4% Black, 2.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Steele, MO?

The median home value in Steele is $119,200. The home-value-to-income ratio is 2.2x.

How educated is Steele, Missouri?

17.8% of adults (25+) in Steele hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.