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Thayer

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

Median Home$88,211
Median Rent$648/month
Population2,017
Leading IndustriesInformation & Media · Public Administration · Transportation8% information & media
Home Value Growth+1.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners73% of occupied units
NotableAffordable Market$88k median home · lower cost than 95% of the country
Thayer
MO

Frequently Asked Questions

What are today's mortgage rates in Thayer?

As of today, the 30-year fixed mortgage rate for Thayer is approximately 6.995% (7.038% 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 Thayer?

The median home value in Thayer is $88k. The median monthly rent is $648. Annual property taxes average $593. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thayer?

Home values in Thayer have increased 1.7% over the past two years. The market has been relatively stable. 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 Thayer?

Based on a typical all-in ownership cost of $616/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thayer is $40k/year.

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What industries drive the economy in Thayer?

The largest employment sectors in Thayer are public administration (27%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.