63531 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Knox County
Centroid: Latitude 40.263, Longitude -92.262
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 63531 has segments in 2 Counties (Knox, Scotland).

Businesses Addresses: 27
PO Box Addresses: 41
Residential Addresses: 179

Multi-Family Addresses: 0
Single Family Addresses: 179

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Baring, MO 63531 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	397 (100%)
Population in Households	397 (100.0%)
Population in Families	329 (82.9%)
Population in Group Quarters¹	0
Population Density	8
Diversity Index²	12


INCOME
Median Household Income	$54,064
Average Household Income	$71,653
% of Income for Mortgage⁴	11%
Per Capita Income	$30,141
Wealth Index⁵	56
Socioeconomic Status Index⁶	Moderate (56.0)

HOUSING
Total HU (Housing Units)	234 (100%)
Owner Occupied HU	144 (61.5%)
Renter Occupied HU	23 ( 9.8%)
Vacant Housing Units	67 (28.6%)
Median Home Value	$91,045
Average Home Value	$140,278
Housing Affordability Index³	237

HOUSEHOLDS
Total Households	167
Average Household Size	2.38
Family Households	109
Average Family Size	3.00

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.
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.

Baring, MO 63531 - Peer Comparisons by Rank and Percentile

The table below compares 63531 to the other 1,006 ZIP Codes 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.32%	-0.15%
Households	0.43%	-0.24%
Families		-0.37%
Median Household Income		1.86%
Per Capita Income		2.25%
Owner Occupied HU		-0.56%

Variable Description	Rank	Percentile
Total Population	# 830	18th
Population Density	# 889	11th
Median Household Income	# 700	31st
Housing Affordability Index	# 983	98th
Per Capita Income	# 597	41st
Diversity Index	# 907	10th

63531 ZIP Code Profile, Map, Data & Demographics

ZIP Code 63531: Basic Data & USPS Preferred City Name

Baring, MO 63531 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Baring, MO 63531 - Peer Comparisons by Rank and Percentile

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