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Mexico 59

Learn about the people, housing, costs and businesses in Mexico 59, Missouri

Median Home$146,624
Median Rent$685/month
Population15,230
Leading IndustriesFinance & Insurance · Information & Media · Transportation9% finance & insurance
Home Value Growth⬆⬆⬆+21.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners68% of occupied units
NotableAffordable Market$147k median home · lower cost than 85% of the country
NotableVeteran Community8% of residents · top 27% nationally
Mexico 59
MO

Frequently Asked Questions

What are today's mortgage rates in Mexico 59?

As of today, the 30-year fixed mortgage rate for Mexico 59 is approximately 7.102% (7.148% 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 Mexico 59?

The median home value in Mexico 59 is $147k. The median monthly rent is $685. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mexico 59?

Home values in Mexico 59 have increased 21.1% 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 Mexico 59?

Based on a typical all-in ownership cost of $696/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mexico 59 is $58k/year.

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What industries drive the economy in Mexico 59?

The largest employment sectors in Mexico 59 are public administration (26%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.