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Faucett

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

Median Home$265,700
Median Rent$1,079/month
Population240
Leading IndustriesFinance & Insurance · Information & Media · Retail10% finance & insurance
Home Value Growth⬆⬆+12.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners95% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$100k/year · top 17% nationally
Faucett
MO

Frequently Asked Questions

What are today's mortgage rates in Faucett?

As of today, the 30-year fixed mortgage rate for Faucett is approximately 7.012% (7.052% 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 Faucett?

The median home value in Faucett is $266k. The median monthly rent is $1,079. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Faucett?

Home values in Faucett have increased 12.7% over the past two years. This indicates a strong appreciation trend. 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 Faucett?

Based on a typical all-in ownership cost of $1,191/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Faucett is $100k/year.

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What industries drive the economy in Faucett?

The largest employment sectors in Faucett are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.