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Bonne Terre

Learn about the people, housing, costs and businesses in Bonne Terre, Missouri

Median Home$171,941
Median Rent$646/month
Population6,805
Leading IndustriesWholesale Trade · Manufacturing · Public Administration17% wholesale trade
Home Value Growth⬆⬆+13.9% over 2 years
Young Adults35% of residentswell above average
Homeowners68% of occupied units
Bonne Terre
MO

Frequently Asked Questions

What are today's mortgage rates in Bonne Terre?

As of today, the 30-year fixed mortgage rate for Bonne Terre is approximately 7.021% (7.061% 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 Bonne Terre?

The median home value in Bonne Terre is $172k. The median monthly rent is $646. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bonne Terre?

Home values in Bonne Terre have increased 13.9% 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 Bonne Terre?

Based on a typical all-in ownership cost of $787/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bonne Terre is $56k/year.

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What industries drive the economy in Bonne Terre?

The largest employment sectors in Bonne Terre are public administration (27%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.