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Central R-III

Learn about the people, housing, costs and businesses in Central R-III, Missouri

Median Home$164,287
Median Rent$805/month
Population12,026
Leading IndustriesProfessional Services · Wholesale Trade · Transportation3% professional services
Home Value Growth+5.2% over 2 years
Young Adults33% of residentswell above average
Homeowners60% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
NotableAffordable Market$164k median home · lower cost than 77% of the country
Central R-III
MO

Frequently Asked Questions

What are today's mortgage rates in Central R-III?

As of today, the 30-year fixed mortgage rate for Central R-III is approximately 7.178% (7.226% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Central R-III
What is the median home price in Central R-III?

The median home value in Central R-III is $164k. The median monthly rent is $805. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Central R-III?

Home values in Central R-III have increased 5.2% over the past two years. This represents moderate growth. 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 Central R-III?

Based on a typical all-in ownership cost of $835/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Central R-III is $57k/year.

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What industries drive the economy in Central R-III?

The largest employment sectors in Central R-III are public administration (25%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.