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Raytown

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

Median Home$180,364
Median Rent$1,250/month
Population29,415
Leading IndustriesFinance & Insurance · Information & Media · Professional Services9% finance & insurance
Home Value Growth⬆⬆+13.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners65% of occupied units
NotableAmenity Score71/100 · highly walkable area
Raytown
MO

Frequently Asked Questions

What are today's mortgage rates in Raytown?

As of today, the 30-year fixed mortgage rate for Raytown is approximately 6.997% (7.040% 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 Raytown?

The median home value in Raytown is $180k. The median monthly rent is $1,250. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Raytown?

Home values in Raytown have increased 13.3% 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 Raytown?

Based on a typical all-in ownership cost of $1,132/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Raytown is $68k/year.

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What industries drive the economy in Raytown?

The largest employment sectors in Raytown are public administration (19%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.