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Verona R-VII

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

Median Home$207,341
Median Rent$1,057/month
Population3,941
Leading IndustriesFinance & Insurance · Information & Media · Education12% finance & insurance
Home Value Growth+10.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
Verona R-VII
MO

Frequently Asked Questions

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

As of today, the 30-year fixed mortgage rate for Verona R-VII is approximately 7.054% (7.095% 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 Verona R-VII
What is the median home price in Verona R-VII?

The median home value in Verona R-VII is $207k. The median monthly rent is $1,057. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Verona R-VII?

Home values in Verona R-VII have increased 10.2% 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 Verona R-VII?

Based on a typical all-in ownership cost of $827/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 Verona R-VII is $78k/year.

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What industries drive the economy in Verona R-VII?

The largest employment sectors in Verona R-VII are public administration (28%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.