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Shannon County

Learn about the people, housing, costs and businesses in Shannon County County

Median Home$149,899
Median Rent$532/month
Population7,177
Leading IndustriesEducation · Information & Media · Finance & Insurance5% education
Home Value Growth+8.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
NotableAffordable Market$150k median home · lower cost than 70% of the country
Shannon County
MO

Frequently Asked Questions

What are today's mortgage rates in Shannon County?

As of today, the 30-year fixed mortgage rate for Shannon County is approximately 7.120% (7.151% 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 Shannon County
What is the median home price in Shannon County?

The median home value in Shannon County is $150k. The median monthly rent is $532. Annual property taxes average $678. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shannon County?

Home values in Shannon County have increased 8.4% over the past two years. This represents moderate growth. 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 Shannon County?

Based on a typical all-in ownership cost of $673/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 Shannon County is $54k/year.

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What industries drive the economy in Shannon County?

The largest employment sectors in Shannon County are public administration (17%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas