Quick facts: Excello, MO

Quick Facts

94.1
Cost of Living
below US average
27
Population
1296.3
Crime Rate per 1000
above US average
$9,306
Median Income
below US average
$372,000
Median House Price
above US average
$1340
Average Rent
below 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 $9,306.

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Income Needed to Buy

βœ— Stretch
$117k/year
Based on $372,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $117k vs median $9,306
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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 $9,306
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Excello, MO

Excello is a small unincorporated community located in Macon County, Missouri. Nestled in the heart of the Midwest, this rural area is characterized by its scenic landscapes, agricultural surroundings, and a close-knit community atmosphere. Excello is situated near the junction of U.S. Route 63 and Missouri Route 3, providing convenient access to nearby cities and attractions. The town primarily serves as a quiet residential area, with a small population that fosters a strong sense of community. Residents often enjoy engaging in local events, outdoor activities, and the peaceful ambiance that rural living offers. Macon County is known for its rich history and natural beauty, with opportunities for fishing, hiking, and exploring local parks. Although Excello may be small, it offers a quaint lifestyle for those looking to escape the hustle and bustle of larger urban centers while still being within reach of amenities found in nearby towns. Overall, Excello, MO, exemplifies the charm of small-town America, making it a unique place to visit or call home.

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