Quick facts: Fulton, MO

Quick Facts

94.1
Cost of Living
below US average
12,710
Population
21.32
Crime Rate per 1000
below US average
$59,544
Median Income
below US average
$239,900
Median House Price
above US average
$1045.0
Average Rent
below US average
10%
Poverty Rate
below US average
4.2%
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 $59,544.

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Income Needed to Buy

βœ— Stretch
$75k/year
Based on $239,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $75k vs median $59,544
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Income Needed to Rent

βœ“ Affordable
$45k/year
Based on $1045.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($59,544) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fulton, MO

Fulton, Missouri, located in Callaway County, is a city rich in history and charm. With a population of around 12,000 residents, it serves as a vibrant community with a blend of small-town feels and modern amenities. One of its notable historical landmarks is Westminster College, which hosts the iconic Winston Churchill Memorial and Library, honoring the British leader’s legacy. The city offers a variety of parks and recreational activities, including the picturesque Tanglewood Golf Course and several walking trails, making it an ideal spot for outdoor enthusiasts. Fulton’s downtown area features a mix of local shops, restaurants, and cultural attractions, fostering a strong sense of community. Additionally, Fulton is conveniently located just off U.S. Highway 54, making it easily accessible to larger cities like Columbia to the west. The area's rich agricultural roots contribute to its scenic landscapes, showcasing charming rural views. Overall, Fulton represents a blend of historical significance and modern community life, appealing to both residents and visitors alike.

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