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Northwoods

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

Median Home$76,000
Median Rent$1,182/month
Population3,611
Leading IndustriesFinance & Insurance · Information & Media · Professional Services18% finance & insurance
Home Value Growth-2.2% over 2 years
Retirees28% of residentswell above average
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Northwoods
MO

Frequently Asked Questions

What are today's mortgage rates in Northwoods?

As of today, the 30-year fixed mortgage rate for Northwoods is approximately 7.544% (7.603% 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 Northwoods?

The median home value in Northwoods is $76k. The median monthly rent is $1,182. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northwoods?

Home values in Northwoods have decreased 2.2% over the past two years. Buyers may find more negotiating room in this market. 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 Northwoods?

Based on a typical all-in ownership cost of $909/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northwoods is $45k/year.

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What industries drive the economy in Northwoods?

The largest employment sectors in Northwoods are public administration (28%) and information and media (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.