- Tightwad, Missouri
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Tightwad, Missouri — Village — Location of Tightwad, Missouri Coordinates: 38°18′22″N 93°33′5″W / 38.30611°N 93.55139°WCoordinates: 38°18′22″N 93°33′5″W / 38.30611°N 93.55139°W Country United States State Missouri County Henry Area – Total 1.0 sq mi (2.6 km2) – Land 1.0 sq mi (2.6 km2) – Water 0.0 sq mi (0.0 km2) Elevation 876 ft (267 m) Population (2010) – Total 64 – Density 64.0/sq mi (24.3/km2) Time zone Central (CST) (UTC-6) – Summer (DST) CDT (UTC-5) ZIP code 64735 Area code(s) 660 FIPS code 29-73240[1] GNIS feature ID 0741321[2] Tightwad is a village in Henry County, Missouri, United States. Its population was 64 persons in the 2010 United States Census.
Contents
History and name
Located astride Missouri Route 7, Tightwad was an unincorporated location until 1984 however a U.S. Post Office had existed there at the turn of the 20th century. 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.[3] Due to its proximity to Truman Reservoir, Tightwad saw some limited growth starting in the mid-1980s. As of 2010 the villages' business district offerings included a bank (see below), cafe', tavern, and convenience store.[4]
Geography
According to the United States Census Bureau, the village has a total area of 1.0 square mile (2.6 km2), of which, 1.0 square mile (2.6 km2) of it is land and 0.99% is water.
Demographics
As of the census[1] of 2010, there were 64 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 per square mile (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
The first Tightwad Bank opened in 1984 as a branch of the Citizens Bank of Windsor (Windsor, Missouri) at first housed in a portable trailer then eventually a one-story brick building still in use today.[6] Publicity over the unusual name eventually led to deposits totalling over $2 million dollars (US). However an expected business boom from nearby Truman Reservoir never materialized and the bank fell victim to armed robbery twice in the 1990s. Thus in November 2006, UMB, the banks owner at the time, announced that the Tightwad branch bank would close and accounts would be shuffled to UMB locations in Warsaw and Clinton, Missouri.
In May 2008, Tightwad Bank was reopened, under new ownership, as an FDIC insured institution. The bank is a full-service branch of the former Reading State Bank, Reading, Kansas. To capitalize on the noteriety of the unusual name, the Reading locations' name was changed to Tightwad Bank as well.[7] "We're seeking the customers with a sense of humor", admitted bank co-owner Donald Higdon in a 2008 interview with The Washington Post.[8] [9] In 2010 the two locations of Tightwad Bank reported combined deposits of over $20 million dollars (US).[10]References
- ^ a b "American FactFinder". United States Census Bureau. http://factfinder.census.gov. Retrieved 2008-01-31.
- ^ "US Board on Geographic Names". United States Geological Survey. 2007-10-25. http://geonames.usgs.gov. Retrieved 2008-01-31.
- ^ Margot Ford McMillen, Paris, Tightwad, and Peculiar: Missouri Place Names, University of Missouri Press (October 1994), ISBN 0-8262-0972-6. Excerpt online at http://www.umsystem.edu/upress/otherbooks/mcmillen.htm
- ^ "What's So Funny About Tightwad's Money?". Miller-McCune. 2010-11-29. http://www.miller-mccune.com/business-economics/whats-so-funny-about-tightwads-money-25621/.
- ^ Tightwad village, Missouri - Fact Sheet - American FactFinder
- ^ Slevin, Peter (2008-08-18). "In Rural Missouri, The Place to Bring Your Cents of Humor". The Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2008/08/17/AR2008081702195.html. Retrieved 2011-08-15.
- ^ "About us". Tightwad Bank. https://www.tightwadbank.net/about.htm. Retrieved 2011-08-15.
- ^ Slevin, Peter (2008-08-18). "In Rural Missouri, The Place to Bring Your Cents of Humor". The Washington Post. http://www.washingtonpost.com/wp-dyn/content/article/2008/08/17/AR2008081702195.html. Retrieved 2011-08-15.
- ^ . http://www.forbes.com/technology/feeds/ap/2006/11/20/ap3189864.html.[dead link]
- ^ "What's So Funny About Tightwad's Money?". Miller-McCune. 2010-11-29. http://www.miller-mccune.com/business-economics/whats-so-funny-about-tightwads-money-25621/.
Categories:- Villages in Henry County, Missouri
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