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Burgess

Learn about the people, housing, costs and businesses in Burgess, Missouri

Median Home$172,500
Median Rent$670/month
Population56
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining13% wholesale trade
Home Value Growth⬆⬆⬆+21.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners76% of occupied units
Burgess
MO

Frequently Asked Questions

What are today's mortgage rates in Burgess?

As of today, the 30-year fixed mortgage rate for Burgess is approximately 7.046% (7.087% 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 Burgess?

The median home value in Burgess is $173k. The median monthly rent is $670. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burgess?

Home values in Burgess have increased 21.1% 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 Burgess?

Based on a typical all-in ownership cost of $695/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burgess is $67k/year.

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What industries drive the economy in Burgess?

The largest employment sectors in Burgess are public administration (25%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.