Beaver Dam Average Income, Population and Demographics (2024)

Are you tired of spending 10+ hours searching for demographic and population data for Beaver Dam, Missouri? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Beaver Dam, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

  • Median Income
  • Average Income
  • Income Tiers
  • Per Capita Income
  • Population by Race
  • Population by Age
  • Education Levels
  • Unemployment Rates
  • Median Age
  • Households and Families
    • Marial Status
  • Housing
    • Rental Rates
    • Property Values
    • Property Age
    • Vehicles
  • Commuting
  • Conclusion

According to the latest ACS 5-year survey in 2022, the median household income in Beaver Dam is $51,578.00.

The chart below shows the average household income by age in Beaver Dam.

  • Under 25

    $60,441.00

  • 25 to 44

    $53,438.00

  • 45 to 64

    $61,210.00

  • 65 and over

    $36,250.00

Average Household Income

A very commonly asked question is "what is the average household income in Beaver Dam, Missouri?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Beaver Dam is $72,420.00.

8.50% of households in Beaver Dam, Missouri are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Beaver Dam but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Beaver Dam

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Beaver Dam, Missouri easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999

    16.02%

  • $25,000 to $49,999

    31.75%

  • $50,000 to $74,999

    15.56%

  • $75,000 to $99,999

    16.66%

  • $100,000 to $149,999

    9.14%

  • $150,000 to $199,999

    2.37%

  • $200,000 or more

    8.50%

Per Capita Income

The per capita income is the average income of all people in Beaver Dam, Missouri. This is calculated by dividing the total income of all people in Beaver Dam by the total number of people in Beaver Dam.

It differs from the average or mean household income because it includes all people in Beaver Dam and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Beaver Dam, Missouri is $26,047.00.

Population in Beaver Dam by Race and Ethnicity

The total population in Beaver Dam is currently 4,988 people.

The race and ethnicity of the population in Beaver Dam can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Beaver Dam, Missouri.

Population of Beaver Dam by Age and Gender

Another very important demographics statistic for Beaver Dam, Missouri is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age GroupMaleFemale
0 to 9 Years373173
10 to 19 Years515321
20 to 29 Years150382
30 to 39 Years358395
40 to 49 Years186110
50 to 59 Years320433
60 to 69 Years447415
70 Years and over202208

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Beaver Dam, Missouri.

  • Master's degree or higher

    5.92%

  • Bachelor's degree

    16.78%

  • Some college or associate's degree

    6.03%

  • High school diploma or equivalent

    69.38%

  • Less than high school diploma

    1.90%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Beaver Dam because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Beaver Dam look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Beaver Dam, Missouri that are over the age of 16.

The current population in Beaver Dam that are over the age of 16 is 3,826 people.

The unemployment rate in Beaver Dam is 2.90%, which means 68 people are unemployed.

The median age is an interesting metric because it gives us an idea of the age distribution of people in Beaver Dam, Missouri. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Beaver Dam is 35.8 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Beaver Dam

35.8

Beaver Dam Average Income, Population and Demographics (1)

Total

34.4

Beaver Dam Average Income, Population and Demographics (2)

Male

35.9

Beaver Dam Average Income, Population and Demographics (3)

Female

Households and Families

There are a total of 1,729 households in Beaver Dam, and the average household size is 2.88 people.

For families, the total number is 1,327, and the average family size is 3.3 people.

9.90% of those families in Beaver Dam, Missouri are living below the poverty line.

The table below shows the poverty thresholds for Beaver Dam in .

Household SizePoverty Threshold
1 Person$14,580.00
2 People$19,720.00
3 People$24,860.00
4 People$30,000.00
5 People$35,140.00
6 People$40,280.00
7 People$45,420.00
8 People$50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Beaver Dam, Missouri for each type, as well as the average sizes.

MarriedMaleFemaleNonfamily
Total Households983182162402
Average Household Size3.384.272.911.04
Total Families9831821620
Average Household Size3.234.142.740

Housing Data in Beaver Dam

There are total of 1,976 housing units in Beaver Dam, Missouri. Of those units, 1,729 (87.50%) are occupied, and 247 (12.50%) are vacant.

Rental Rates

Of the 1,976 housing units in Beaver Dam, 294 (14.88%) are occupied by renters. The median rent paid by renters is $614.00.

Owner occupied housing units make up the remaining 71.10% of housing units, with 1,405 housing units in total.

The table below breaks down how much rent is paid by renters in Beaver Dam, Missouri.

  • No rent paid

    30

  • Less than $500

    71

  • $500 to $999

    144

  • $1,000 to $1,499

    52

  • $1,500 to $1,999

    27

  • $2,000 to $2,499

  • $2,500 to $2,999

  • $3,000 or more

Property Values

The median value of a property in Beaver Dam is $170,400.00.

The table below breaks down the range of valuations for all properties in Beaver Dam.

  • Less than $50,000

    168

  • $50,000 to $99,999

    189

  • $100,000 to $149,999

    187

  • $150,000 to $199,999

    388

  • $200,000 to $299,999

    243

  • $300,000 to $499,999

    209

  • $500,000 to $999,999

    21

  • $1,000,000 or more

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Beaver Dam, Missouri.

  • 1939 or earlier

    21

  • 1940 to 1949

    14

  • 1950 to 1959

    43

  • 1960 to 1969

    210

  • 1970 to 1979

    208

  • 1980 to 1989

    457

  • 1990 to 1999

    194

  • 2000 to 2009

    487

  • 2010 to 2013

    342

  • 2014 or later

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Beaver Dam has. The table below breaks down the number of vehicles available per household.

  • No vehicles available

    91

  • 1 vehicle available

    285

  • 2 vehicles available

    919

  • 3 or more vehicles available

    434

Commuting to Work in Beaver Dam

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Beaver Dam, Missouri, how they commute, and how that correlates to other data points.

The average travel time is 18 minutes, and the chart below covers the range of travel times across the population of Beaver Dam.

  • Less than 5 minutes

    52

  • 5 to 9 minutes

    322

  • 10 to 14 minutes

    497

  • 15 to 19 minutes

    362

  • 20 to 24 minutes

    327

  • 25 to 29 minutes

    246

  • 30 to 34 minutes

    382

  • 35 to 39 minutes

  • 40 to 44 minutes

  • 45 to 59 minutes

    42

  • 60 to 89 minutes

  • 90 or more minutes

    17

We can also look at the means of transport in Beaver Dam to see which modes of transport people are using to commute to work.

  • Drove alone

    1,638

  • Carpooled

    582

  • Public transportation

    27

  • Walked

  • Other means

  • Worked from home

    15

Conclusion

Hopefully this article has given you the demographics data you were looking for in Beaver Dam, Missouri.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Beaver Dam.

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Beaver Dam Average Income, Population and Demographics (2024)

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