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Terre du Lac

Learn about the people, housing, costs and businesses in Terre du Lac, Missouri

Median Home$198,324
Median Rent$1,267/month
Population2,554
Leading IndustriesPublic Administration · Manufacturing · Healthcare32% public administration
Home Value Growth+10.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners96% of occupied units
NotableTransit82/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Terre du Lac
MO

Frequently Asked Questions

What are today's mortgage rates in Terre du Lac?

As of today, the 30-year fixed mortgage rate for Terre du Lac is approximately 6.921% (6.958% 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 Terre du Lac?

The median home value in Terre du Lac is $198k. The median monthly rent is $1,267. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Terre du Lac?

Home values in Terre du Lac have increased 10.6% 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 Terre du Lac?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Terre du Lac is $81k/year.

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What industries drive the economy in Terre du Lac?

The largest employment sectors in Terre du Lac are public administration (32%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.