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Paradise

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

Median Home$388,700
Median Rent$1,225/month
Population74
Leading IndustriesInformation & Media · Finance & Insurance · Arts, Food & Hospitality10% information & media
Home Value Growth⬆⬆+15.5% over 2 years
Young Adults27% of residentsnear the national average
Homeowners89% of occupied units
NotableHigh Incomes$127k/year · top 7% nationally
Paradise
MO

Frequently Asked Questions

What are today's mortgage rates in Paradise?

As of today, the 30-year fixed mortgage rate for Paradise is approximately 7.046% (7.087% 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 Paradise?

The median home value in Paradise is $389k. The median monthly rent is $1,225. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paradise?

Home values in Paradise have increased 15.5% 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 Paradise?

Based on a typical all-in ownership cost of $1,554/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paradise is $127k/year.

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What industries drive the economy in Paradise?

The largest employment sectors in Paradise are public administration (16%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.