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Newburg

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

Median Home$174,200
Median Rent$725/month
Population322
Leading IndustriesArts, Food & Hospitality · Healthcare · Education14% arts, food & hospitality
Home Value Growth⬆⬆⬆+35.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners81% of occupied units
NotableHighly Educated37% bachelor's · 22% graduate · top 2% nationally
Newburg
MO

Frequently Asked Questions

What are today's mortgage rates in Newburg?

As of today, the 30-year fixed mortgage rate for Newburg is approximately 6.848% (6.882% 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 Newburg?

The median home value in Newburg is $174k. The median monthly rent is $725. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newburg?

Home values in Newburg have increased 35.2% 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 Newburg?

Based on a typical all-in ownership cost of $645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newburg is $62k/year.

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What industries drive the economy in Newburg?

The largest employment sectors in Newburg are public administration (27%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.