Tightwad, Missouri

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Tightwad is a village in Henry County, Missouri, United States. In the 2006 census, the population was 66.[3]

Contents

Name

The village's unusual name is said to stem from an episode in which a store owner cheated a customer who was a postman, by charging him an extra fifty cents for a better watermelon. Some sources claim the transaction involved a rooster rather than a watermelon.[4]

Geography

According to the United States Census Bureau, the village has a total area of 1.0 square miles (2.6 km²), of which, 1.0 square miles (2.6 km²) of it is land and 0.99% is water.

Demographics

As of the census[1] of 2006, there were 66 people, 28 occupied households, and 18 families residing in the village. The population density was 66.0 people per square mile (24.3/km²). There were 33 housing units at an average density of 33.0/sq mi (12.7/km²). The racial makeup of the village was 95.24% White, 3.2% Native American, and 1.6% Asian.

There were 28 households out of which 21.4% had children under the age of 18 living with them, 64.3% were married couples living together, and 35.7% were non-families. 25.0% of all households were made up of individuals and 14.3% had someone living alone who was 65 years of age or older. The average household size was 2.25 and the average family size was 2.78.

In the village the population was spread out with 17.5% under the age of 18, 7.9% from 18 to 24, 23.8% from 25 to 44, 34.9% from 45 to 64, and 15.9% who were 65 years of age or older. The median age was 47 years. For every 100 females there were 103.2 males. For every 100 females age 18 and over, there were 100.0 males.

The median income for a household in the village was $24,375, and the median income for a family was $51,250. Males had a median income of $35,417 versus $30,625 for females. The per capita income for the village was $18,981. There were no families and 16.7% of the population living below the poverty line, including no under eighteens and 21.4% of those over 64.[5]

Tightwad Bank

In November 2006, UMB announced that the town's only bank, named The Tightwad Bank, to capitalize on the name, would close and accounts would be shuffled to nearby Warsaw, Missouri and Clinton, Missouri. The bank opened in 1984 and received publicity and eventual deposits of $2.2 million. In March 2008, Tightwad Bank was reopened, under new ownership, as an FDIC insured institution. It is now accepting deposits again and is proud of its frugal image. See www.tightwadbank.net [6]

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