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Rich Hill R-IV

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

Median Home$258,866
Median Rent$1,124/month
Population44,307
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare9% professional services
Home Value Growth⬆⬆+16.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners80% of occupied units
NotableHighly Educated27% bachelor's · 23% graduate · top 10% nationally
NotableHigh Incomes$91k/year · top 23% nationally
Rich Hill R-IV
MO

Frequently Asked Questions

What are today's mortgage rates in Rich Hill R-IV?

As of today, the 30-year fixed mortgage rate for Rich Hill R-IV is approximately 6.937% (6.974% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Rich Hill R-IV
What is the median home price in Rich Hill R-IV?

The median home value in Rich Hill R-IV is $259k. The median monthly rent is $1,124. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rich Hill R-IV?

Home values in Rich Hill R-IV have increased 16.3% 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 Rich Hill R-IV?

Based on a typical all-in ownership cost of $1,229/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rich Hill R-IV is $91k/year.

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What industries drive the economy in Rich Hill R-IV?

The largest employment sectors in Rich Hill R-IV are public administration (22%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.