Quick facts: Novinger, MO

Quick Facts

94.1
Cost of Living
below US average
380
Population
13.16
Crime Rate per 1000
below US average
$48,125
Median Income
below US average
$599,900
Median House Price
above US average
$1340
Average Rent
below US average
11%
Poverty Rate
above US average
3.2%
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 $48,125.

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Income Needed to Buy

βœ— Stretch
$188k/year
Based on $599,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $188k vs median $48,125
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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 $48,125
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Novinger, MO

Novinger is a quaint village located in Adair County, Missouri. Situated approximately 12 miles from Kirksville, it offers a small-town atmosphere characterized by its close-knit community and rural charm. With a population of around 600 residents, Novinger embodies the spirit of Midwestern life, where local events often bring neighbors together. The village features local amenities including a post office, community center, and various recreational facilities. The surrounding countryside is ideal for outdoor activities such as hiking, fishing, and hunting, making it perfect for nature enthusiasts. Novinger’s strategic position near larger towns like Kirksville means residents have easy access to additional services, shopping, and dining options. The area is known for its picturesque landscapes and is part of the larger agricultural backdrop of Missouri. Whether you're interested in the tranquility of rural living or the camaraderie of a small community, Novinger provides a unique slice of heartland America.

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