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Fortescue

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

Median Home$122,600
Median Rent$602/month
Population20
Leading IndustriesAgriculture & Mining · Construction · Wholesale Trade11% agriculture & mining
Home Value Growth⬆⬆⬆+23.8% over 2 years
Retirees25% of residentsabove average nationally
Homeowners75% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Fortescue
MO

Frequently Asked Questions

What are today's mortgage rates in Fortescue?

As of today, the 30-year fixed mortgage rate for Fortescue is approximately 7.046% (7.087% 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 Fortescue?

The median home value in Fortescue is $123k. The median monthly rent is $602. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fortescue?

Home values in Fortescue have increased 23.8% 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 Fortescue?

Based on a typical all-in ownership cost of $571/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fortescue is $60k/year.

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What industries drive the economy in Fortescue?

The largest employment sectors in Fortescue are public administration (26%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.