Park Hills, MO

This city of 8,852 residents needs 334 more housing units over the next five years.

Housing snapshot

Population
8,852 (2026)
Households
3,723
Median household income
$61,346 (2026)
Typical home value
$161,990
Owner-occupied
49%
Five-year housing need
334 units

Comparison to other Missouri municipalities

Park Hills: $61,346 Median income (2026 estimate)
<$21K >$134K
Park Hills: 0.79 jobs to household ratio
<0.06 >2.47
Park Hills: Permits since 2021 represent 3.2% of housing
<0% >13%
On this page

How affordable is this community?

In Park Hills, MO, the typical home price of $161,990 is below the Missouri average of $231,344. Park Hills, MO's median household income of $61,346 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Park Hills, MO has a population of roughly 8,678 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Park Hills, MO has roughly 3,723 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Park Hills, MO, detached single-family accounts for 62% of the housing stock. Park Hills, MO is roughly split between owners and renters, at 49% owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Park Hills, MO needs 334 new units over the next 5 years.

230
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
6.2%
Projected household growth rate
Expected increase in total households from 3,723 in 2026 to 3,953 in 2031.
104
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
36
Replacement housing
Effective annual loss rate is 1.7 per 1,000 units.
68
Rental vacancy adjustment
Rental vacancy is 3.7%. This is below the minimum stable target of 7.4%.
334
Total 5-year housing production need (2026-2031)
67
Annual production pace
Average units needed per year to meet 5-year need
7.9%
Total housing unit growth
Percent increase in housing stock over 5 years
1.6%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?