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Wortham

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

Median Home$76,200
Median Rent$856/month
Population199
Leading IndustriesWholesale Trade · Public Administration18% wholesale trade
Home Value Growth⬆⬆+19.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners85% of occupied units
Wortham
MO

Frequently Asked Questions

What are today's mortgage rates in Wortham?

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

The median home value in Wortham is $76k. The median monthly rent is $856. Annual property taxes average $673. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wortham?

Home values in Wortham have increased 19.9% 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 Wortham?

Based on a typical all-in ownership cost of $586/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wortham is $51k/year.

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What industries drive the economy in Wortham?

The largest employment sectors in Wortham are public administration (26%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.