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Climax Springs

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

Median Home$227,630
Median Rent$955/month
Population108
Leading IndustriesWholesale Trade · Education · Arts, Food & Hospitality21% wholesale trade
Home Value Growth+8.5% over 2 years
Retirees40% of residentstop 2% nationally
Homeowners89% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
Climax Springs
MO

Frequently Asked Questions

What are today's mortgage rates in Climax Springs?

As of today, the 30-year fixed mortgage rate for Climax Springs is approximately 6.935% (6.973% 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 Climax Springs?

The median home value in Climax Springs is $228k. The median monthly rent is $955. Annual property taxes average $735. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Climax Springs?

Home values in Climax Springs have increased 8.5% 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 Climax Springs?

Based on a typical all-in ownership cost of $573/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Climax Springs is $47k/year.

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What industries drive the economy in Climax Springs?

The largest employment sectors in Climax Springs are wholesale trade (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.