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North Wood R-IV

Learn about the people, housing, costs and businesses in North Wood R-IV, Missouri

Median Home$179,024
Median Rent$690/month
Population1,795
Leading IndustriesTransportation · Healthcare · Arts, Food & Hospitality3% transportation
Home Value Growth⬆⬆⬆+21.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners86% of occupied units
NotableHighly Educated28% bachelor's · 12% graduate · top 7% nationally
NotableAffordable Market$179k median home · lower cost than 87% of the country
North Wood R-IV
MO

Frequently Asked Questions

What are today's mortgage rates in North Wood R-IV?

As of today, the 30-year fixed mortgage rate for North Wood R-IV is approximately 6.986% (7.028% 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 North Wood R-IV
What is the median home price in North Wood R-IV?

The median home value in North Wood R-IV is $179k. The median monthly rent is $690. Annual property taxes average $897. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Wood R-IV?

Home values in North Wood R-IV have increased 21.2% 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 North Wood R-IV?

Based on a typical all-in ownership cost of $656/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 North Wood R-IV is $60k/year.

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What industries drive the economy in North Wood R-IV?

The largest employment sectors in North Wood R-IV are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.