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Newburg R-II

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

Median Home$191,495
Median Rent$1,024/month
Population19,561
Leading IndustriesPublic Administration · Education29% public administration
Home Value Growth⬆⬆⬆+22.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners75% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
Newburg R-II
MO

Frequently Asked Questions

What are today's mortgage rates in Newburg R-II?

As of today, the 30-year fixed mortgage rate for Newburg R-II is approximately 6.961% (7.002% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Newburg R-II
What is the median home price in Newburg R-II?

The median home value in Newburg R-II is $191k. The median monthly rent is $1,024. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newburg R-II?

Home values in Newburg R-II have increased 22.0% 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 R-II?

Based on a typical all-in ownership cost of $999/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newburg R-II is $72k/year.

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What industries drive the economy in Newburg R-II?

The largest employment sectors in Newburg R-II are public administration (29%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.