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Ash Grove

Learn about the people, housing, costs and businesses in Ash Grove, Missouri

Median Home$173,400
Median Rent$779/month
Population1,567
Leading IndustriesEducation · Information & Media · Manufacturing3% education
Home Value Growth⬆⬆⬆+31.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
Ash Grove
MO

Frequently Asked Questions

What are today's mortgage rates in Ash Grove?

As of today, the 30-year fixed mortgage rate for Ash Grove is approximately 7.037% (7.078% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ash Grove?

The median home value in Ash Grove is $173k. The median monthly rent is $779. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ash Grove?

Home values in Ash Grove have increased 31.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ash Grove?

Based on a typical all-in ownership cost of $914/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ash Grove is $60k/year.

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What industries drive the economy in Ash Grove?

The largest employment sectors in Ash Grove are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.