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Bennett Springs

Learn about the people, housing, costs and businesses in Bennett Springs, Missouri

Median Home$168,778
Median Rent$788/month
Population139
Leading IndustriesRetail · Construction · Agriculture & Mining18% retail
Home Value Growth⬆⬆⬆+36.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$169k median home · lower cost than 66% of the country
Bennett Springs
MO

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Bennett Springs?

As of today, the 30-year fixed mortgage rate for Bennett Springs is approximately 6.981% (7.020% 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 Bennett Springs?

The median home value in Bennett Springs is $169k. The median monthly rent is $788. Annual property taxes average $836. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bennett Springs?

Home values in Bennett Springs have increased 36.3% 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 Bennett Springs?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bennett Springs is $48k/year.

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What industries drive the economy in Bennett Springs?

The largest employment sectors in Bennett Springs are retail (18%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.