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Caruthersville

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

Median Home$115,878
Median Rent$793/month
Population5,231
Leading IndustriesRetail · Construction · Agriculture & Mining22% retail
Home Value Growth+1.0% over 2 years
Family-Friendly27% of residentsabove average nationally
Renters52% of occupied units
NotableAffordable Market$116k median home · lower cost than 86% of the country
Caruthersville
MO

Frequently Asked Questions

What are today's mortgage rates in Caruthersville?

As of today, the 30-year fixed mortgage rate for Caruthersville is approximately 7.035% (7.079% 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 Caruthersville?

The median home value in Caruthersville is $116k. The median monthly rent is $793. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Caruthersville?

Home values in Caruthersville have increased 1.0% over the past two years. The market has been relatively stable. 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 Caruthersville?

Based on a typical all-in ownership cost of $753/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 Caruthersville is $37k/year.

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What industries drive the economy in Caruthersville?

The largest employment sectors in Caruthersville are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.