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Lithium

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

Median Home$200,600
Median Rent$781/month
Population105
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining12% wholesale trade
Home Value Growth⬆⬆+18.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners92% of occupied units
NotableTransit87/100 · excellent transit access
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
Lithium
MO

Frequently Asked Questions

What are today's mortgage rates in Lithium?

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

The median home value in Lithium is $201k. The median monthly rent is $781. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lithium?

Home values in Lithium have increased 18.9% 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 Lithium?

Based on a typical all-in ownership cost of $826/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lithium is $81k/year.

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What industries drive the economy in Lithium?

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