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Halfway, MO Profile: Facts & Data

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Halfway, Missouri - Basic Facts

The Village of Halfway had a population of 157 as of July 1, 2024. Halfway ranks in the lower 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 Halfway is located at latitude 37.6164 and longitude -93.2446 in Polk County. The formal boundaries for the Village of Halfway encompass a land area of 2.14 sq. miles and a water area of 0 sq. miles. Polk County is in the Central time zone (GMT -6).

The Village of Halfway 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 Halfway is located within Township of South Benton, a minor civil division (MCD) of Polk County.


Jump to... (On This Page!)
  1. Halfway 2024 Demographic Data
  2. Growth Rates for Halfway (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 - 2024 Demographics
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Halfway, MO Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 157 (100%)
Population in Households 157 (100.0%)
Population in Families 131 (83.4%)
Population in Group Quarters1 0
Population Density 78
Diversity Index2 22
 
 

INCOME

Median Household Income $51,112
Average Household Income $65,310
% of Income for Mortgage4 28%
Per Capita Income $26,207
Wealth Index5 51
Socioeconomic Status Index6 Low (42.1)
 

HOUSING

Total HU (Housing Units) 71 (100%)
Owner Occupied HU 52 (73.2%)
Renter Occupied HU 11 (15.5%)
Vacant Housing Units 8 (11.3%)
Median Home Value $229,412
Average Home Value $238,462
Housing Affordability Index3 92
 

HOUSEHOLDS

Total Households 63
Average Household Size 2.49
Family Households 47
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 0.92% -0.26%
Households 0.00% -0.32%
Families   -0.87%
Median Household Income   2.89%
Per Capita Income   3.56%
Owner Occupied HU   1.13%

Halfway, MO - Peer Comparisons by Rank and Percentile

The table below compares Halfway to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2024 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 # 786 27th
Population Density # 1024 5th
Median Household Income # 764 29th
Housing Affordability Index # 384 35th
Per Capita Income # 817 25th
Diversity Index # 508 53rd

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

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