Living in Odessa, MO

What's it like Living in Odessa?

Odessa is a small-sized city located in the state of Missouri. The city has a population of 5,240 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Odessa could be considered less diverse than other cities. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Odessa your home, your one-way commute time will typically last around 28 minutes, a duration that aligns with the national average commute time of 26 minutes.

Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Odessa could be a positive experience compared to other cities in Missouri if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like cost of living, commute, health & safety, education, housing and other key data points, finding the best places to live in Odessa and in the areas around Odessa is a much easier task.

The livability score in Odessa is 67 out of 100 and the city is ranked in the 70th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Odessa has higher than average scores for the following: crime (A+), cost of living (A+) and housing (A+). There is at least one category that does not have great scores in Odessa. The following was graded with a concerning score: amenities (F).

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Odessa gets top scores for their low violent crime rates of 126 crimes per 100,000 residents, which are significantly lower than the national average.

The unemployment rate in Odessa has consistently declined over the years and currently stands well below the national average at 1.82%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Odessa can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Odessa real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Odessa. The median home price for Odessa homes is $152,900, which is 8.3% higher than the Missouri average. If we take a closer look at the affordability of homes in Odessa, we’ll see that the home price to income ratio is 2.6, which is 10.3% lower than the Missouri average.

Best Places to Live in and Around Odessa

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