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Halfway

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

Median Home$171,295
Median Rent$745/month
Population162
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade13% construction
Home Value Growth⬆⬆⬆+32.0% over 2 years
Young Adults27% of residentsnear the national average
Homeowners84% of occupied units
Halfway
MO

Frequently Asked Questions

What are today's mortgage rates in Halfway?

As of today, the 30-year fixed mortgage rate for Halfway 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 Halfway?

The median home value in Halfway is $171k. The median monthly rent is $745. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Halfway?

Home values in Halfway have increased 32.0% 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 Halfway?

Based on a typical all-in ownership cost of $671/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Halfway is $58k/year.

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What industries drive the economy in Halfway?

The largest employment sectors in Halfway are public administration (20%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.