Housing costs in Mount Vernon?
A typical home costs
$182,600, which is 46.0% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Mount Vernon costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 23.4% cheaper than the state average of
$950.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon (zip 65712), Missouri, a minimum annual income of
$34,920 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Mount Vernon?
Mount Vernon, MO 65712 is known for its low cost of living. According to the US Census Bureau, the median household income in the area is $42,286 which is slightly lower than the national average. This allows residents to afford a variety of housing options as well as utilities and other necessities. The area also has a low unemployment rate of 3.7%, making it an ideal place for those looking for a stable job market. In addition, the city’s tax rate is just 5.6%, making it one of the most desirable places to live in Missouri. The median cost of housing in Mount Vernon sits at around $130,000 with rentals starting from $700 per month and up depending on size and location. Overall, Mount Vernon offers a great balance between affordability and quality of life that makes it an attractive option for those looking to move to Missouri.