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Tallapoosa

Learn about the people, housing, costs and businesses in Tallapoosa, Missouri

Median Home$75,300
Median Rent$489/month
Population74
Leading IndustriesPublic Administration · Professional Services · Construction31% public administration
Home Value Growth⬆⬆+18.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners69% of occupied units
NotableAffordable Market$75k median home · lower cost than 98% of the country
NotableTransit81/100 · excellent transit access
Tallapoosa
MO

Frequently Asked Questions

What are today's mortgage rates in Tallapoosa?

As of today, the 30-year fixed mortgage rate for Tallapoosa is approximately 7.046% (7.087% 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 Tallapoosa?

The median home value in Tallapoosa is $75k. The median monthly rent is $489. Annual property taxes average $679. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tallapoosa?

Home values in Tallapoosa have increased 18.2% 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 Tallapoosa?

Based on a typical all-in ownership cost of $517/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tallapoosa is $50k/year.

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What industries drive the economy in Tallapoosa?

The largest employment sectors in Tallapoosa are public administration (31%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.