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Missouri City 56

Learn about the people, housing, costs and businesses in Missouri City 56, Missouri

Median Home$453,336
Median Rent$922/month
Population12,314
Leading IndustriesManufacturing · Agriculture & Mining · Construction2% manufacturing
Home Value Growth⬆⬆⬆+51.9% over 2 years
Retirees20% of residentsnear the national average
Homeowners73% of occupied units
NotableVeteran Community8% of residents · top 18% nationally
Missouri City 56
MO

Explore Missouri City 56

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Missouri City 56?

As of today, the 30-year fixed mortgage rate for Missouri City 56 is approximately 6.857% (6.892% 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 Missouri City 56?

The median home value in Missouri City 56 is $453k. The median monthly rent is $922. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Missouri City 56?

Home values in Missouri City 56 have increased 51.9% 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 Missouri City 56?

Based on a typical all-in ownership cost of $1,057/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Missouri City 56 is $67k/year.

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What industries drive the economy in Missouri City 56?

The largest employment sectors in Missouri City 56 are public administration (22%) and wholesale trade (7%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.