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Downing

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

Median Home$156,300
Median Rent$359/month
Population282
Leading IndustriesPublic Administration · Transportation · Education29% public administration
Young Adults27% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$156k median home · lower cost than 71% of the country
Downing
MO

Frequently Asked Questions

What are today's mortgage rates in Downing?

As of today, the 30-year fixed mortgage rate for Downing is approximately 6.813% (6.846% 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 Downing?

The median home value in Downing is $156k. The median monthly rent is $359. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Downing?

Based on a typical all-in ownership cost of $606/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Downing is $65k/year.

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What industries drive the economy in Downing?

The largest employment sectors in Downing are public administration (29%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.