Quick facts: Jefferson city, MO

Quick Facts

94.1
Cost of Living
below US average
42,528
Population
20.69
Crime Rate per 1000
below US average
$63,649
Median Income
below US average
$220,000
Median House Price
above US average
$1316.67
Average Rent
below US average
11%
Poverty Rate
above US average
3.9%
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 $63,649.

🏠

Income Needed to Buy

βœ— Stretch
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $63,649
🏒

Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1316.67/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($63,649) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jefferson city, MO

Jefferson City, the capital of Missouri, is located along the Missouri River and is known for its rich history and vibrant culture. Founded in 1821, it became the state capital in 1826. The city features notable landmarks such as the Missouri State Capitol, which showcases stunning architecture and houses various government offices. The city offers a range of recreational opportunities, with parks like Riverside Park and Binder Park providing spaces for outdoor activities, picnicking, and hiking. Jefferson City is also home to the Missouri State Penitentiary, a historic site that once housed notorious criminals and offers guided tours for those interested in its storied past. Culturally, the city hosts museums, including the Missouri State Museum and the Lewis and Clark State Historic Site, which highlight the region's historical significance. The downtown area is bustling with shops, restaurants, and events that foster a sense of community. With a small-town atmosphere combined with the amenities of a city, Jefferson City serves as a hub for government, education, and culture, making it a unique destination for visitors and residents alike.

πŸ” Search & Compare Places

First Location πŸ“