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Platte County, MO

May

RANK #836 / 996 NAT  ·  #22 / 22 MO  ·  POP 107,033

1YR FORECAST: +1.1%

5YR OUTLOOK: +15%

Our model projects Platte County's housing market at +1.1% over the next year, underperforming most U.S. counties.

[01] Why Platte County?

Platte County, Missouri, distinguishes itself with a blend of suburban convenience and rural charm, notably in towns like Parkville, known for its historic shops and riverfront, and Platte City, the county seat. Located in the northwestern part of the Kansas City metropolitan area, the county is approximately 25 miles from downtown Kansas City, offering residents a manageable commute. The community feel ranges from small-town intimacy to more developed areas, with a significant portion of the county's land within Kansas City limits. Outdoor recreation is a highlight, with access to the Missouri River, numerous county parks, and trails like the Line Creek Trail and those at Platte Falls Conservation Area, providing opportunities for hiking, biking, and enjoying natural scenery.

Life in Platte County appeals to families and professionals seeking highly rated public schools and a balance between peaceful living and access to city amenities. The economy benefits significantly from its location, particularly the presence of Kansas City International Airport, which acts as a major employment hub. Recent economic developments include investments in logistics and distribution, manufacturing, and professional services and technology sectors, with new facilities and training centers emerging to support a growing workforce.

[02] Market Snapshot

Housing Ratio
4.2x

Below national median (4.7x)

GDP Growth
-0.7%

Contracting economy

Home Prices
+1.1%

Below national median

Climate & Terrain
0.1

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing is fairly valued at 4.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Health Care & Social Assistance Healthcare
    5,000+
  2. 2
    Professional, Scientific, & Technical Services Other
  3. 3
    Retail Trade Retail
  4. 4
    Education Education
  5. 5
    Construction Other
  6. 6
    Manufacturing Manufacturing
    2,500+
  7. 7
    Platte County Government Government
  8. 8
    Park University Education
  9. 9
    CVS Health Distribution Center Logistics
  10. 10
    FedEx Logistics

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Platte County U.S. National

The Numbers

DEMOGRAPHICS
Population
107,033
+1.75% YoY
Median Household Income
$92,543
Median Home Value
$288,100
+1.12% 12mo
Median Rent
$1,210
Average Annual Pay
$59,070
+1.5% YoY
Employment
48,079
+2.1% YoY
Income-to-Home-Value
0.3212
More affordable than average
Migration Inflow
5.88%
of pop. from another state
Bachelor's Degree+
44.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$408,000
Days on Market
62
Slower market
Months of Supply
2.6
Seller's market
Listings w/ Price Drops
22.1%
Building Permits (2024)
237
Single-Family Permits
237

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
4.0
per 100K · nat avg 6.3
Firearm Fatalities
10.7
per 100K · nat avg 14.8
Injury Deaths
70.4
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$101,236M
TOTAL
PROJECT AMOUNT STATUS
Project Kestrel (Hyperscale Data Center Campus)
Undisclosed (Port KC envisions)
$100,000M Proposed
Meta Data Center (Golden Plains Technology Park)
Meta Platforms, Inc.
$1,000M Operating
Northland Workforce Development Center
Platte County R3 School District / City of Kansas City
$74M Under Construction
Platte County R-3 School District Bond Projects
Platte County R-3 School District
$62M Under Construction
MO Route AA/Waukomis Drive Enhancement
Platte County
$50M Planned
Chugwater Energy Project (Wind, Solar, and Battery Storage)
NextEra Energy (proposed)
$50M Proposed

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

[07] Score Breakdown

GDP Growth -0.7% 5 percentile
Population Growth +1.8% 87 percentile
Income Growth +8.8% 59 percentile
Vacancy Rate 1.3% 36 percentile
Home Price Change +1.1% 47 percentile
Rent Growth +3.5% 59 percentile
Price/Rent 15x 30 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

The data is not encouraging — Platte County scores just 15/100 on the Boom Town Index, ranking #836 of 996 counties. Job growth at +2.1% and median household income of $92,543 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Platte County affordable?

Housing in Platte County is roughly in line with national affordability norms. The median home costs $288,100 and the income-to-home-value ratio sits at 0.32, with rents averaging $1,210/month. Not a bargain, but not a stretch for most local earners either.

Is Platte County growing or shrinking?

Platte County is growing on multiple fronts. Population is up +1.8% year-over-year while employers added jobs at a +2.1% clip. Home values shifted +1.1% in the past year.

Are people moving to Platte County?

In significant numbers — 5.88% of Platte County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[09] Similar Counties by Size & Score

Boone County, MO 22 St. Charles County, MO 22 Clay County, MO 28 St. Francois County, MO 30 St. Louis city, MO 32 St. Louis County, MO 34 Sumter County, FL 15 Pulaski County, KY 15