Quick facts: Mansfield, MO

Quick Facts

94.1
Cost of Living
below US average
1,265
Population
12.65
Crime Rate per 1000
below US average
$30,870
Median Income
below US average
$275,000
Median House Price
above US average
$1340
Average Rent
below US average
12%
Poverty Rate
above US average
4.2%
Unemployment Rate
above 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 $30,870.

🏠

Income Needed to Buy

βœ— Stretch
$86k/year
Based on $275,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $86k vs median $30,870
🏒

Income Needed to Rent

⚠ Stretch
$57k/year
Based on $1340/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $57k vs median $30,870
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mansfield, MO

Mansfield, Missouri, is a small town located in Wright County, known for its rich history and close-knit community. Nestled in the scenic Ozarks, it offers a quaint, rural atmosphere that appeals to those seeking a quieter lifestyle. With a population of around 1,200 residents, Mansfield provides a blend of small-town charm and natural beauty. The town is famously associated with Laura Ingalls Wilder, the beloved author of the "Little House" series, who lived here for several years. The Laura Ingalls Wilder Historic Home and Museum, located in Mansfield, draws visitors interested in her life and works, showcasing memorabilia and offering insights into pioneering life. Mansfield is also surrounded by beautiful landscapes, making it a popular spot for outdoor activities such as hiking, fishing, and exploring nearby lakes and parks. The town features local shops, restaurants, and community events that foster a strong sense of belonging among residents. With its historical significance and picturesque setting, Mansfield serves as a peaceful retreat while providing a glimpse into Missouri's pioneering spirit.

πŸ” Search & Compare Places

First Location πŸ“