Quick facts: Moundville, MO

Quick Facts

94.1
Cost of Living
below US average
77
Population
259.74
Crime Rate per 1000
above US average
$41,250
Median Income
below US average
$330,000
Median House Price
above US average
$1340
Average Rent
below US average
10%
Poverty Rate
below US average
4.5%
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 $41,250.

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Income Needed to Buy

βœ— Stretch
$104k/year
Based on $330,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $104k vs median $41,250
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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 $41,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Moundville, MO

Moundville is a small village located in Vernon County, Missouri. Known for its rural charm and tight-knit community, Moundville offers a peaceful lifestyle surrounded by nature. The village is situated near the northern banks of the Osage River, providing scenic views and opportunities for outdoor activities such as fishing, hiking, and birdwatching. The area is characterized by its agricultural landscape, with farmland and open fields dominating the scenery. Moundville has a small population, fostering a sense of community among its residents. The village is primarily residential, with local amenities including a few shops and services catering to the needs of the community. Moundville's proximity to larger towns, such as Nevada, enables residents to easily access more comprehensive services, shopping, and entertainment options. The town's location in the heart of Missouri places it within reach of regional attractions, including parks and historical sites. Overall, Moundville, MO, is a quaint location that reflects the simplicity and beauty of rural life in the Midwest.

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