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Jasper County, MO

RANK #574 / 996  ·  POP 122,788  ·  MO

PROJECTED GROWTH: +0.5%

Jasper County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Jasper County?

Jasper County, Missouri, in the southwest part of the state, is perhaps best known for Joplin, its largest city, and Carthage, the county seat, nicknamed "America's Maple Leaf City." The county is part of the Joplin Metropolitan Statistical Area. Commutes are generally short, with residents averaging under 20 minutes to work. Outdoor recreation opportunities include numerous trails for hiking, biking, and running, such as the Ruby Jack Trail and the Frisco Greenway Trail. The area offers a blend of natural scenery and historical sites, including the historic Jasper County Courthouse in Carthage.

Life in Jasper County offers a balance of community and affordability, with many residents owning their homes. Public schools in the county are generally above average. The local economy is experiencing growth, with ongoing developments in infrastructure and various sectors. This includes investment in areas like data centers and energy, contributing to job opportunities and supporting the county's continued expansion.

[02] Market Snapshot

Housing Ratio
3.2x

Undervalued relative to economy

GDP Growth
+3.2%

Above national median

Home Prices
+0.8%

Below national median

Climate & Terrain
-2.3

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 3.2x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Jasper County U.S. National

The Numbers

DEMOGRAPHICS
Population
122,788
+0.6% YoY
Median Household Income
$54,963
Median Home Value
$147,500
+0.76% 12mo
Median Rent
$878
Average Annual Pay
$50,009
+4.4% YoY
Employment
59,244
+1.1% YoY
Income-to-Home-Value
0.3726
More affordable than average
Migration Inflow
2.98%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$199,900
Days on Market
44
Moderate pace
Months of Supply
3.6
Balanced market
Sale-to-List Ratio
99.0%
Near asking price
Sold Above List
0.8%
Listings w/ Price Drops
25.2%
Building Permits (2024)
574
Single-Family Permits
458

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$964M
TOTAL
PROJECT AMOUNT STATUS
Jasper County Powered Data Park
Geronimo Power
$500M Proposed
Foxtrot Solar Energy LLC
Evergy Missouri West
$214M Planned
Jasper Battery/Storage
Unknown
$100M Planned
Kings Point Wind Farm
Liberty Utilities
$100M Operating
Missouri Route 96 Corridor Upgrades (Carthage)
Missouri Department of Transportation
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.2% 61 percentile
Population Growth +0.6% 57 percentile
Income Growth +6.0% 8 percentile
Vacancy Rate 0.7% 84 percentile
Home Price Change +0.8% 41 percentile
Rent Growth +3.0% 49 percentile
Price/Rent 11x 84 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Jasper County, MO a good place to move to?

Jasper County has a Boom Town Index score of 42/100, ranking #574 among 996 U.S. counties. With job growth at +1.1% and a median household income of $54,963, it faces some economic headwinds compared to faster-growing counties.

Is Jasper County affordable?

The median home value in Jasper County is $147,500 with median rent at $878/month. The income-to-home-value ratio is 0.3726, which is more affordable than the national average.

Is Jasper County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +1.1%. Home values changed +0.8% in the past 12 months.

Are people moving to Jasper County?

Yes — 2.98% of Jasper County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wayne County, MI 52 Somerset County, NJ 52 Pittsylvania County, VA 52 Whatcom County, WA 52 Jackson County, AL 52 Navajo County, AZ 52 Pitt County, NC 52 Lowndes County, MS 52