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Iberia

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

Median Home$167,900
Median Rent$534/month
Population605
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade19% finance & insurance
Home Value Growth⬆⬆+15.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners90% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$168k median home · lower cost than 66% of the country
Iberia
MO

Frequently Asked Questions

What are today's mortgage rates in Iberia?

As of today, the 30-year fixed mortgage rate for Iberia is approximately 6.950% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Iberia
What is the median home price in Iberia?

The median home value in Iberia is $168k. The median monthly rent is $534. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Iberia?

Home values in Iberia have increased 15.3% 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 Iberia?

Based on a typical all-in ownership cost of $587/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iberia is $72k/year.

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What industries drive the economy in Iberia?

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