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McDonald County

Learn about the people, housing, costs and businesses in McDonald County County

Median Home$150,937
Median Rent$778/month
Population23,701
Leading IndustriesRetail · Wholesale Trade24% retail
Home Value Growth⬆⬆⬆+23.0% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners67% of occupied units
NotableAffordable Market$151k median home · lower cost than 69% of the country
McDonald County
MO

Frequently Asked Questions

What are today's mortgage rates in McDonald County?

As of today, the 30-year fixed mortgage rate for McDonald County is approximately 7.182% (7.212% 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 McDonald County?

The median home value in McDonald County is $151k. The median monthly rent is $778. Annual property taxes average $717. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McDonald County?

Home values in McDonald County have increased 23.0% 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 McDonald County?

Based on a typical all-in ownership cost of $727/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McDonald County is $52k/year.

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What industries drive the economy in McDonald County?

The largest employment sectors in McDonald County are retail (24%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas