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Mansfield R-IV

Learn about the people, housing, costs and businesses in Mansfield R-IV, Missouri

Median Home$163,435
Median Rent$828/month
Population11,286
Leading IndustriesWholesale Trade · Agriculture & Mining · Construction10% wholesale trade
Home Value Growth⬆⬆⬆+21.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$163k median home · lower cost than 78% of the country
Mansfield R-IV
MO

Frequently Asked Questions

What are today's mortgage rates in Mansfield R-IV?

As of today, the 30-year fixed mortgage rate for Mansfield R-IV is approximately 7.050% (7.091% 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 Mansfield R-IV
What is the median home price in Mansfield R-IV?

The median home value in Mansfield R-IV is $163k. The median monthly rent is $828. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mansfield R-IV?

Home values in Mansfield R-IV have increased 21.7% 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 Mansfield R-IV?

Based on a typical all-in ownership cost of $737/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mansfield R-IV is $60k/year.

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What industries drive the economy in Mansfield R-IV?

The largest employment sectors in Mansfield R-IV are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.