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Mokane

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

Median Home$245,700
Median Rent$858/month
Population180
Leading IndustriesInformation & Media · Wholesale Trade · Retail10% information & media
Home Value Growth⬆⬆+14.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners91% of occupied units
Mokane
MO

Frequently Asked Questions

What are today's mortgage rates in Mokane?

As of today, the 30-year fixed mortgage rate for Mokane is approximately 6.950% (6.988% 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 Mokane?

The median home value in Mokane is $246k. The median monthly rent is $858. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mokane?

Home values in Mokane have increased 14.6% 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 Mokane?

Based on a typical all-in ownership cost of $797/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mokane is $73k/year.

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What industries drive the economy in Mokane?

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