Quick facts: Blue springs, MO

Quick Facts

94.1
Cost of Living
below US average
59,518
Population
24.03
Crime Rate per 1000
above US average
$82,965
Median Income
above US average
$395,990
Median House Price
above US average
$1761.03
Average Rent
above US average
9%
Poverty Rate
below US average
3.7%
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 $82,965.

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Income Needed to Buy

βœ— Stretch
$124k/year
Based on $395,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $124k vs median $82,965
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Income Needed to Rent

βœ“ Affordable
$75k/year
Based on $1761.03/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($82,965) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Blue springs, MO

Blue Springs is a vibrant city located in Jackson County, Missouri, just east of Kansas City. Known for its friendly community and excellent quality of life, Blue Springs has a population of approximately 58,000 residents. The city boasts a mix of suburban charm and easy access to urban amenities. Blue Springs offers a variety of recreational opportunities, with several parks, including the popular Blue Springs Lake Park, providing trails, picnic areas, and water activities. The city's historic downtown district features unique shops, restaurants, and community events that foster a strong sense of togetherness. Education is a priority in Blue Springs, served by the Blue Springs School District, which is well-regarded in the state. The city also has a strong economy, with a mix of retail, manufacturing, and services. Transportation is convenient, with easy access to major highways and proximity to the Kansas City metropolitan area, allowing residents to enjoy the benefits of city life while residing in a quieter environment. Overall, Blue Springs combines community spirit, recreational options, and strong educational institutions, making it an attractive place to live.

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