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Savannah R-III

Learn about the people, housing, costs and businesses in Savannah R-III, Missouri

Median Home$169,085
Median Rent$996/month
Population49,280
Leading IndustriesTransportation · Manufacturing3% transportation
Home Value Growth⬆⬆+16.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners65% of occupied units
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Savannah R-III
MO

Frequently Asked Questions

What are today's mortgage rates in Savannah R-III?

As of today, the 30-year fixed mortgage rate for Savannah R-III is approximately 6.957% (6.998% 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 Savannah R-III
What is the median home price in Savannah R-III?

The median home value in Savannah R-III is $169k. The median monthly rent is $996. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Savannah R-III?

Home values in Savannah R-III have increased 16.4% 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 Savannah R-III?

Based on a typical all-in ownership cost of $965/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Savannah R-III is $66k/year.

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What industries drive the economy in Savannah R-III?

The largest employment sectors in Savannah R-III are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.