Quick facts: Perryville, MO

Quick Facts

94.1
Cost of Living
below US average
8,488
Population
16.97
Crime Rate per 1000
below US average
$52,500
Median Income
below US average
$120,000
Median House Price
above US average
$2120.0
Average Rent
above 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 $52,500.

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Income Needed to Buy

βœ“ Affordable
$38k/year
Based on $120,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($52,500) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$91k/year
Based on $2120.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $91k vs median $52,500
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Perryville, MO

Perryville, Missouri, situated in Perry County, is a charming small town located approximately 80 miles south of St. Louis. Known for its rich history and small-town charm, Perryville is home to around 8,000 residents. The city has a vibrant local community and offers a range of outdoor activities, thanks to its proximity to the scenic banks of the River aux Vases and several local parks. The town boasts several historical sites, including the Perry County Courthouse and the nearby Fort D. A. Russellβ€”offering visitors a glimpse into the area's historical significance. The community is also known for its annual events, such as the Perryville Country Fair, which showcases local crafts, food, and entertainment. Perryville is an ideal location for those seeking a peaceful lifestyle while still having access to urban amenities, with nearby Cape Girardeau providing additional shopping and dining options. With its friendly atmosphere, rich heritage, and access to nature, Perryville embodies the charm of small-town America.

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