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Dearborn

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

Median Home$307,600
Median Rent$1,360/month
Population522
Leading IndustriesRetail · Construction · Agriculture & Mining19% retail
Home Value Growth+9.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableHigh Incomes$95k/year · top 20% nationally
Dearborn
MO

Frequently Asked Questions

What are today's mortgage rates in Dearborn?

As of today, the 30-year fixed mortgage rate for Dearborn is approximately 6.959% (7.000% 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 Dearborn?

The median home value in Dearborn is $308k. The median monthly rent is $1,360. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dearborn?

Home values in Dearborn have increased 9.0% 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 Dearborn?

Based on a typical all-in ownership cost of $1,372/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dearborn is $95k/year.

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What industries drive the economy in Dearborn?

The largest employment sectors in Dearborn are public administration (24%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.