Cost of Living in Willard, MO

Population 6,418 · Missouri · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Willard stay well under national norms: a median home value of $204,000 against median household incomes of $87,204 gives the city one of the more comfortable price-to-income ratios in Missouri. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.

Located 10 miles northwest of Springfield, Willard falls within that metro's commuting orbit. Median home values run roughly 24% higher than Springfield's $165,000.

Cost Overview

Housing 67
Rent 86

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Willard

The median home value in Willard is $204,300 — 33% below the national median of $305,000. Median rent runs $1,130/month, 14% lower than the national median of $1,314/month. The median household income of $87,204/year is 17% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Willard has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$204,300
33% below avg
Zillow Home Value
$184,967
Zillow ZHVI
Median Rent
$1,130/mo
14% below avg
Price-to-Rent Ratio
15.1x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 70.1%
Renter-occupied 29.9%

💰 Estimated Monthly Budget

Rent median rent
$1,130
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,744/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.6%

Commute Mode

Drove alone
77.4%
Carpooled
7.8%
Walked
0.2%
Work from home
14.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$87,204
17% above avg
Per Capita Income
$31,377
Unemployment Rate
2.6%
46% below avg
Poverty Rate
9.5%
Labor Force Participation
70.2%

🎓 Education

Bachelor's degree+ 23.2%
Graduate degree 11.2%

👥 Demographics

Median Age 29.9
Male median age 27.7
Female median age 33.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
51.5%
Good air days/yr
122
Max AQI recorded
254
PM2.5 days
111
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
13.9:1
Student-teacher ratio
8
Public schools
4,613
Total enrollment

Frequently Asked Questions

What is the cost of living in Willard, MO?

Willard has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Willard, MO?

The median gross rent in Willard is $1,130 per month based on 2023 Census data.

What is the average home price in Willard?

The median home value in Willard is $204,300 according to Zillow and Census data.

What is the median income in Willard?

The median household income in Willard is $87,204 per year (2023 ACS 5-year estimates).

What is the sales tax in Willard, MO?

The combined state and local sales tax rate in Willard is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Willard, MO affordable?

Yes, Willard is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

Willard at a Glance

Population
6,418
Median Income
$87,204
Home Value
$204,300
Median Rent
$1,130/mo
Unemployment
2.6%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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