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Sweet Springs R-VII

Learn about the people, housing, costs and businesses in Sweet Springs R-VII, Missouri

Median Home$376,676
Median Rent$1,626/month
Population80,033
Leading IndustriesPublic Administration · Professional Services · Education28% public administration
Home Value Growth⬆⬆+16.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners78% of occupied units
NotableHigh Incomes$112k/year · top 8% nationally
NotableHighly Educated22% bachelor's · 15% graduate · top 24% nationally
Sweet Springs R-VII
MO

Explore Sweet Springs R-VII

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sweet Springs R-VII?

As of today, the 30-year fixed mortgage rate for Sweet Springs R-VII is approximately 6.882% (6.918% 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 Sweet Springs R-VII?

The median home value in Sweet Springs R-VII is $377k. The median monthly rent is $1,626. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sweet Springs R-VII?

Home values in Sweet Springs R-VII 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 Sweet Springs R-VII?

Based on a typical all-in ownership cost of $1,874/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sweet Springs R-VII is $112k/year.

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What industries drive the economy in Sweet Springs R-VII?

The largest employment sectors in Sweet Springs R-VII are public administration (28%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.