Township Of Pierce MO Demographic Data and Boundary Map
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Township Of Pierce, MO
The Township Of Pierce is a County Subdivision of Lawrence County.
The subdivision has a Z1 Census Class Code which indicates that the Township Of Pierce is a nonfunctioning county subdivision.
Township Of Pierce Data & Demographics (As of July 1, 2024)
POPULATION
Total Population
6,953 (100%)
Population in Households
6,918 (99.5%)
Population in Families
5,679 (81.7%)
Population in Group Quarters1
35 ( 0.5%)
Population Density
174
Diversity Index2
58
INCOME
Median Household Income
$50,211
Average Household Income
$71,660
% of Income for Mortgage4
23%
Per Capita Income
$26,383
Wealth Index5
58
HOUSING
Total HU (Housing Units)
2,753 (100%)
Owner Occupied HU
1,868 (67.9%)
Renter Occupied HU
691 (25.1%)
Vacant Housing Units
194 ( 7.0%)
Median Home Value
$185,383
Average Home Value
$216,354
Housing Affordability Index3
111
HOUSEHOLDS
Total Households
2,559
Average Household Size
2.70000000000
Family Households
1,782
Average Family Size
3
NOTES
Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
