 There were no families and 3.7% of the population living below the poverty line, including no under eighteens and 12.5% of those over 64.Under Missouri Revised Statute 72-050 , towns with populations under 500 at the time of passage (1939) were declared to be villages.Having been incorporated in 1893 , Pocahontas was unaffected by this statute, and is classified as a town despite its small population.