Quick facts: Thayer, MO

Quick Facts

94.1
Cost of Living
below US average
1,900
Population
10.0
Crime Rate per 1000
below US average
$35,357
Median Income
below US average
$215,000
Median House Price
above US average
$1340
Average Rent
below US average
15%
Poverty Rate
above 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 $35,357.

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Income Needed to Buy

βœ— Stretch
$67k/year
Based on $215,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $67k vs median $35,357
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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 $35,357
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Thayer, MO

Thayer is a charming city located in Oregon County, Missouri, United States. Nestled in the scenic Ozarks, it is known for its rich history and small-town charm. As of the latest census, Thayer has a population of approximately 2,000 residents, contributing to its close-knit community atmosphere. The city boasts a vibrant downtown area with a variety of local businesses, shops, and eateries, reflecting the friendly spirit of its inhabitants. Nature enthusiasts can explore nearby attractions like the Current River and nearby Mark Twain National Forest, offering endless opportunities for fishing, hiking, and camping. Thayer is also known for its educational institutions, including the Thayer R-II School District, which provides quality education for the local youth. The city hosts annual events that bring the community together, showcasing local talent and fostering a spirit of camaraderie among residents. With its picturesque landscapes and welcoming community, Thayer, MO, is a hidden gem for those seeking a peaceful lifestyle in the heart of the Ozarks.

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