Quick facts: Wheeling, MO

Quick Facts

94.1
Cost of Living
below US average
219
Population
45.66
Crime Rate per 1000
above US average
$37,885
Median Income
below US average
$228,184
Median House Price
above US average
$1340
Average Rent
below US average
13%
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 $37,885.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $228,184 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $37,885
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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 $37,885
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wheeling, MO

Wheeling is a quaint village located in Livingston County, Missouri. With a small population that reflects its rural charm, Wheeling offers a tight-knit community atmosphere where residents often know their neighbors. The village is characterized by its picturesque landscape, featuring open fields and a peaceful environment that is ideal for those looking to escape the hustle and bustle of city life. Founded in the late 19th century, Wheeling has a rich history that can be explored through its historical buildings and local narratives. The village is a short drive from larger towns, providing convenient access to additional amenities such as shops, dining, and recreational activities. Outdoor enthusiasts will appreciate the surrounding natural beauty, which includes opportunities for fishing, hiking, and enjoying Missouri's scenic countryside. Wheeling serves as a serene retreat while being close enough to larger urban areas for those seeking a blend of rural living with urban convenience. Overall, Wheeling is perfect for individuals and families looking for a peaceful place to call home.

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