Quick facts: Green ridge, MO

Quick Facts

94.1
Cost of Living
below US average
565
Population
8.85
Crime Rate per 1000
below US average
$59,280
Median Income
below US average
$160,000
Median House Price
above US average
$1340
Average Rent
below US average
10%
Poverty Rate
below 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 $59,280.

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Income Needed to Buy

βœ“ Affordable
$50k/year
Based on $160,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($59,280) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$57k/year
Based on $1340/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($59,280) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Green ridge, MO

Green Ridge is a small, charming town located in West-Central Missouri, primarily within versification of Pettis County. With a population of around 700 residents, it provides a close-knit community atmosphere. The town is approximately 20 miles east of Warrensburg and 10 miles southwest of Sedalia, making it a convenient spot for access to larger urban centers while retaining its rural charm. Green Ridge is surrounded by picturesque landscapes typical of the region, including rolling hills and farmland. The town itself showcases classic Midwestern architecture and a number of local businesses, contributing to its quaint charm. Community events and celebrations, particularly those revolving around local traditions, foster a strong sense of connection among residents. Residents and visitors can enjoy nearby outdoor recreational activities, including fishing, hiking, and exploring local parks. The local schools are committed to providing quality education, and the community is characterized by friendly faces and welcoming attitudes. Green Ridge is ideal for those seeking a peaceful, small-town lifestyle within reach of bigger city amenities.

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