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Rich Hill

Learn about the people, housing, costs and businesses in Rich Hill, Missouri

Median Home$98,700
Median Rent$853/month
Population1,283
Leading IndustriesWholesale Trade · Construction · Finance & Insurance13% wholesale trade
Home Value Growth⬆⬆+18.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners78% of occupied units
NotableTransit85/100 · excellent transit access
Rich Hill
MO

Frequently Asked Questions

What are today's mortgage rates in Rich Hill?

As of today, the 30-year fixed mortgage rate for Rich Hill is approximately 6.987% (7.029% 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 Rich Hill?

The median home value in Rich Hill is $99k. The median monthly rent is $853. Annual property taxes average $746. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rich Hill?

Home values in Rich Hill 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 Rich Hill?

Based on a typical all-in ownership cost of $670/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rich Hill is $60k/year.

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What industries drive the economy in Rich Hill?

The largest employment sectors in Rich Hill are public administration (22%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.