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Gravois Mills

Learn about the people, housing, costs and businesses in Gravois Mills, Missouri

Median Home$181,866
Median Rent$779/month
Population116
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining15% wholesale trade
Home Value Growth⬆⬆⬆+40.7% over 2 years
Family-Friendly35% of residentstop 1% nationally
Homeowners87% of occupied units
Gravois Mills
MO

Frequently Asked Questions

What are today's mortgage rates in Gravois Mills?

As of today, the 30-year fixed mortgage rate for Gravois Mills is approximately 6.927% (6.964% 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 Gravois Mills?

The median home value in Gravois Mills is $182k. The median monthly rent is $779. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gravois Mills?

Home values in Gravois Mills have increased 40.7% 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 Gravois Mills?

Based on a typical all-in ownership cost of $763/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gravois Mills is $56k/year.

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What industries drive the economy in Gravois Mills?

The largest employment sectors in Gravois Mills are wholesale trade (15%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.