1st Advantage MortgageIn Shannon County, Missouri, the typical household earns $55,222 a year and the typical rent is $574. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Missouri before sharing details.
On this page
- Getting oriented in Shannon County
- What Shannon County households earn
- Jobs and commutes in Shannon County
- Rent, home values and ownership in Shannon County
- Places inside Shannon County
- Regional comparison for Shannon County
- More Shannon County figures
- Borrowing situations common in Shannon County
- Room for a loan payment in Shannon County
- Missouri rules that apply in Shannon County
- A Shannon County borrower's checklist
- More guides for Shannon County
- Frequently asked questions
Getting oriented in Shannon County
Shannon County is home to about 7,177 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 101st most populous of 115 county-level areas in Missouri. Spread over 1,004 square miles, that works out to roughly 7.1 residents per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. The Census Bureau counts 5 places in the county (4 incorporated, 1 census-designated); the largest is Winona, with about 854 residents, or 12% of the county. With so few households sampled, Shannon County estimates can move a lot between releases.
What Shannon County households earn
Half of Shannon County households take in less than $55,222 a year and half take in more, 22% below the Missouri median of $70,702. In the state ranking that is 79th of 115.
| Band | Shannon County | Compared with Missouri |
|---|---|---|
| Under $35,000 | 35.3% | +11.7 pts |
| $35,000 to $99,999 | 47.7% | +5.2 pts |
| $100,000 to $199,999 | 15.8% | -9.5 pts |
| $200,000 or more | 1.2% | -7.5 pts |
The spread is wide: 17% of Shannon County households make $100,000 or more, and 35% make less than $35,000. 18.0% of residents fall below the federal poverty line (statewide: 12.6%). None of these numbers decides a Shannon County application. Lenders weigh your own documented income against your own debts.
Jobs and commutes in Shannon County
The biggest employer of Shannon County residents, by industry, is education and health care at 16% of workers, followed by manufacturing (16%). Compared with Missouri, the county leans toward agriculture, forestry and mining (7% against 2%). ACS puts five-year average unemployment at 1.3% in Shannon County. About 82% drive to work alone and 23% have trips of 45 minutes or more. Households without a car make up 5.2% of the total (6.6% statewide).
| Where residents work | Shannon County | Difference from Missouri |
|---|---|---|
| Education and health care | 16.5% | -7.9 pts |
| Manufacturing | 16.4% | +5.1 pts |
| Transportation, warehousing and utilities | 10.2% | +4.3 pts |
| Retail trade | 8.9% | -2.5 pts |
| Construction | 8.4% | +1.6 pts |
| Agriculture, forestry and mining | 7.2% | +5.6 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
Rent, home values and ownership in Shannon County
A typical Shannon County rental runs $574 a month including utilities, which is 44% below Missouri. Rent takes 30% or more of income for 28% of renter households here. The median owner-occupied home is valued at $157,500, about 2.9 times the median household income. The ownership rate is 80%. Median construction year: 1980.
| Shannon County | Missouri | U.S. county median | |
|---|---|---|---|
| Median gross rent | $574/mo | $1,033/mo | $877/mo |
| Median home value | $157,500 | $230,300 | $185,300 |
| Owners | 80% | 68% | 75% |
| Rent-burdened renters | 28% | 46% | 45% |
| Burdened owners | 20% | 22% | n/a |
| Mobile homes | 14.1% | 5.2% | n/a |
| Vacant units | 18% | 11% | n/a |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
Places inside Shannon County
5 Census places fall mainly inside Shannon County; the 5 biggest are below. They account for 2,113 residents, leaving about 71% of the county in unincorporated, unnamed areas. This guide covers each of the 5 places and the rural areas around them.
| Name | Kind | Pop. | Income | Rent | Miles |
|---|---|---|---|---|---|
| Winona | city | 854 | $30,500 | $373 | 11 mi |
| Summersville | city | 409 | $48,125 | $663 | 15 mi |
| Birch Tree | city | 402 | $46,500 | $580 | 12 mi |
| Eminence | city | 388 | $45,417 | $432 | 2 mi |
| Montier | CDP | 60 | n/a | n/a | 16 mi |
CDPs are unincorporated communities the Census Bureau defines for counting.
Regional comparison for Shannon County
Six nearby counties, 27 to 38 miles away by the straight-line distance between their centers. Dent County leads the group on income ($56,312), Oregon County trails ($43,069), and Shannon County out-earns 5 of the six.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Shannon County | - | $55,222 | $574/mo | 80% |
| Reynolds County, MO | 27 mi | $45,028 | $655/mo | 80% |
| Carter County, MO | 28 mi | $50,000 | $656/mo | 61% |
| Dent County, MO | 32 mi | $56,312 | $660/mo | 76% |
| Oregon County, MO | 32 mi | $43,069 | $639/mo | 75% |
| Texas County, MO | 33 mi | $50,036 | $665/mo | 77% |
| Howell County, MO | 38 mi | $50,993 | $733/mo | 70% |
More Shannon County figures
Degree holders: 13% of adults over 25. 8.8% of residents have no health coverage.
| People and households | Shannon County | Missouri | Median county |
|---|---|---|---|
| Median age | 44.9 | 39.0 | 41.5 |
| Bachelor's or higher | 12.8% | 32.4% | 22.2% |
| No high school diploma | 16.5% | 8.1% | n/a |
| No health insurance | 8.8% | 8.8% | 7.8% |
| No vehicle | 5.2% | 6.6% | 5.4% |
| Work from home | 7.9% | 13.0% | 8.7% |
| Poverty rate | 18.0% | 12.6% | 13.2% |
| Unemployment (ACS) | 1.3% | 4.0% | 4.4% |
| Commute length | Shannon County |
|---|---|
| Under 15 min | 36.5% |
| 15 to 29 min | 30.6% |
| 30 to 44 min | 9.9% |
| 45 to 59 min | 6.8% |
| 60+ min | 16.2% |
Borrowing situations common in Shannon County
Where the Shannon County numbers stand out, and why it matters for a loan:
- Long drives. With 23% of commutes over 45 minutes, tires and repairs are fixed costs in many Shannon County budgets.
- 14% mobile homes. Many are not titled as real estate, so home-equity options may not apply; an unsecured loan is the usual route.
- Lower-cost alternatives. In a county with 18% in poverty, nonprofit credit counseling may beat a loan (options).
Room for a loan payment in Shannon County
How much room does a median Shannon County budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- $4,602 a month: gross income for a household at the Shannon County median
- Rent at the median, $574, takes 12% of that
- $1,267: what a 40% ratio leaves once rent is paid
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Missouri rules that apply in Shannon County
Before sharing details with a lender, a Shannon County resident can confirm its license with the Missouri Division of Finance. Federal complaints: consumerfinance.gov. More on Missouri: Missouri personal loans.
A Shannon County borrower's checklist
Before you apply, wherever you live in Shannon County:
- Size the loan to the bill, not to the most a lender offers.
- Ask each lender for the APR and all fees in writing.
- Check the license, then the reviews, then the offer.
- Read the final agreement; it must match the offer.
More guides for Shannon County
The Missouri guide covers the whole state.
Frequently asked questions
What does a typical Shannon County household make?
About $55,222 a year at the median (ACS 2020-24), 22% below the Missouri median.
How does Shannon County rent compare with Missouri?
$574 locally versus $1,033 for the state, 44% below.
Should Shannon County homeowners use home equity instead?
Maybe, but weigh the risk: 80% of Shannon County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
Does this page cover Winona?
Yes, along with the other 4 Census places in Shannon County, such as Summersville, Birch Tree, Eminence.
Are Shannon County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.