🏦 Mortgage Calculators Missouri

How Much House Can I Afford in Missouri?

Find out how much house you can afford in Missouri with 0.97% property tax. Uses 28/36 rule with Missouri-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Missouri Quick Facts

4.8% Income Tax Rate

0.97% Property Tax Rate

$60,905 Median Income

89.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Missouri using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Missouri's effective property tax rate of 0.97% and average home insurance of $2,200/year. Median home price in Missouri: $235,000.

Key State Information

Missouri housing market: Median home price $235,000 | Property tax rate 0.97% | Avg home insurance $2,200/yr | Median household income $60,905. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Missouri?

With Missouri's median household income of $60,905 and a 10% down payment, you can typically afford a home priced around $213,168-$274,073 depending on debts and interest rates. The median home in Missouri costs $235,000.

What is the property tax rate in Missouri?

Missouri's effective property tax rate is 0.97%. On a $235,000 home, that's approximately $2,280/year or $190/month.