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Parkway, MO Profile: Facts & Data

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Parkway, Missouri - Basic Facts

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The Village of Parkway had a population of 708 as of July 1, 2022. Parkway ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Missouri. See peer rankings below.

The primary coordinate point for Parkway is located at latitude 38.3381 and longitude -90.9699 in Franklin County. The formal boundaries for the Village of Parkway encompass a land area of 0.27 sq. miles and a water area of 0 sq. miles. Franklin County is in the Central time zone (GMT -6). The elevation is 738 feet.

The Village of Parkway has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Parkway is located within Township of Central, a minor civil division (MCD) of Franklin County.


Jump to... (On This Page!)
  1. Parkway 2022 Demographic Data
  2. Growth Rates for Parkway (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Missouri Research Tools (Easy Tools & Current Data)
  3. Missouri Data Comparison Tool - 2022 Demographics
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Parkway, MO Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 708 (100%)
Population in Households 708 (100.0%)
Population in Families 551 (77.8%)
Population in Group Quarters1 0
Population Density 1,935
Diversity Index2 21
 
 

INCOME

Median Household Income $62,802
Average Household Income $69,165
% of Income for Mortgage4 12%
Per Capita Income $26,461
Wealth Index5 46
 

HOUSING

Total HU (Housing Units) 303 (100%)
Owner Occupied HU 224 (73.9%)
Renter Occupied HU 68 (22.4%)
Vacant Housing Units 10 ( 3.3%)
Median Home Value $137,222
Average Home Value $174,888
Housing Affordability Index3 236
 

HOUSEHOLDS

Total Households 293
Average Household Size 2.42
Family Households 179
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

 2020-2022 2022-2027
Population 2.96% 1.75%
Households 3.02% 1.78%
Families   1.73%
Median Household Income   -0.01%
Per Capita Income   2.12%
Owner Occupied HU   2.06%

Parkway, MO - Peer Comparisons by Rank and Percentile

The table below compares Parkway to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 427 61st
Population Density # 106 90th
Median Household Income # 345 68th
Housing Affordability Index # 918 85th
Per Capita Income # 718 34th
Diversity Index # 485 55th

Additional comparisons and rankings can be made with a VERY EASY TO USE Missouri Census Data Comparison Tool.

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