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Wayland

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

Median Home$123,900
Median Rent$711/month
Population452
Leading IndustriesRetail · Wholesale Trade27% retail
Retirees33% of residentstop 4% nationally
Homeowners89% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$124k median home · lower cost than 83% of the country
Wayland
MO

Frequently Asked Questions

What are today's mortgage rates in Wayland?

As of today, the 30-year fixed mortgage rate for Wayland is approximately 6.954% (6.992% 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 Wayland?

The median home value in Wayland is $124k. The median monthly rent is $711. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Wayland?

Based on a typical all-in ownership cost of $509/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 Wayland is $38k/year.

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What industries drive the economy in Wayland?

The largest employment sectors in Wayland are retail (27%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.