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Westwood

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

Median Home$870,000
Median Rent$1,417/month
Population288
Leading IndustriesEducation · Public Administration · Arts, Food & Hospitality5% education
Home Value Growth⬆⬆⬆+34.6% over 2 years
Retirees29% of residentswell above average
Homeowners97% of occupied units
NotableHigh Incomes$229k/year · top 1% nationally
NotableTransit96/100 · excellent transit access
Westwood
MO

Frequently Asked Questions

What are today's mortgage rates in Westwood?

As of today, the 30-year fixed mortgage rate for Westwood 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 Westwood?

The median home value in Westwood is $870k. The median monthly rent is $1,417. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westwood?

Home values in Westwood have increased 34.6% 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 Westwood?

Based on a typical all-in ownership cost of $2,869/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $123k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westwood is $229k/year.

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What industries drive the economy in Westwood?

The largest employment sectors in Westwood are public administration (34%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.