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Monett

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

Median Home$184,894
Median Rent$912/month
Population9,270
Leading IndustryRetail24% of local workforce
Home Value Growth⬆⬆+11.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners57% of occupied units
Monett
MO

Frequently Asked Questions

What are today's mortgage rates in Monett?

As of today, the 30-year fixed mortgage rate for Monett is approximately 6.953% (6.991% 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 Monett?

The median home value in Monett is $185k. The median monthly rent is $912. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monett?

Home values in Monett have increased 11.1% 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 Monett?

Based on a typical all-in ownership cost of $863/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monett is $53k/year.

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What industries drive the economy in Monett?

The largest employment sectors in Monett are retail (24%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.