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Northwest R-I

Learn about the people, housing, costs and businesses in Northwest R-I, Missouri

Median Home$200,996
Median Rent$1,018/month
Population63,043
Leading IndustriesTransportation · Professional Services · Wholesale Trade3% transportation
Home Value Growth⬆⬆+18.5% over 2 years
Retirees21% of residentsnear the national average
Homeowners86% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Northwest R-I
MO

Frequently Asked Questions

What are today's mortgage rates in Northwest R-I?

As of today, the 30-year fixed mortgage rate for Northwest R-I is approximately 7.015% (7.055% 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 Northwest R-I?

The median home value in Northwest R-I is $201k. The median monthly rent is $1,018. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northwest R-I?

Home values in Northwest R-I have increased 18.5% 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 Northwest R-I?

Based on a typical all-in ownership cost of $1,039/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northwest R-I is $81k/year.

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What industries drive the economy in Northwest R-I?

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