Quick facts: Marthasville, MO

Quick Facts

94.1
Cost of Living
below US average
1,274
Population
8.63
Crime Rate per 1000
below US average
$103,750
Median Income
above US average
$274,500
Median House Price
above US average
$1895.0
Average Rent
above US average
5%
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 $103,750.

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Income Needed to Buy

βœ“ Affordable
$86k/year
Based on $274,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($103,750) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$81k/year
Based on $1895.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($103,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Marthasville, MO

Marthasville, located in Warren County, Missouri, is a charming small town known for its rich history and picturesque countryside. Situated near the banks of the Missouri River, Marthasville offers residents and visitors a serene environment with a strong sense of community. The town features a variety of local businesses, shops, and dining options that reflect its small-town charm. Marthasville is also recognized for its proximity to the Katy Trail, a popular biking and walking path that stretches across Missouri, attracting outdoor enthusiasts. The area around the town is characterized by rolling hills, vineyards, and farms, providing a beautiful backdrop for recreational activities. Community events, including local festivals, foster a close-knit atmosphere among residents, making it a great place for families and those looking to escape urban life. With its quaint appeal and access to nature, Marthasville, MO, is a hidden gem that offers a slower pace of life while still being conveniently located near larger cities like St. Louis.

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