Quick facts: Deerfield, MO

Quick Facts

94.1
Cost of Living
below US average
38
Population
131.58
Crime Rate per 1000
above US average
$22,500
Median Income
below US average
$549,000
Median House Price
above US average
$1340
Average Rent
below US average
11%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $22,500.

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Income Needed to Buy

βœ— Stretch
$172k/year
Based on $549,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $172k vs median $22,500
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Income Needed to Rent

⚠ Stretch
$57k/year
Based on $1340/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $57k vs median $22,500
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Deerfield, MO

Deerfield is a small city located in Vernon County, Missouri. Nestled in the scenic landscape of the Ozarks, it offers a peaceful, rural environment that is characterized by lush greenery and open spaces. With a tight-knit community, Deerfield is known for its friendly atmosphere and welcoming residents. The town is situated conveniently near larger cities such as Nevada and Butler, providing access to more extensive amenities and services. Local attractions include quaint parks and outdoor recreational opportunities that allow residents and visitors to enjoy the natural beauty of the region. Deerfield's economy is primarily supported by agriculture and small businesses, contributing to the local charm and character of the area. The city has a rich history and a strong sense of community, making it an attractive spot for those seeking a quieter lifestyle away from the hustle and bustle of larger metropolitan areas. Overall, Deerfield serves as a tranquil retreat in southwestern Missouri, perfect for those looking to escape urban living.

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