Quick facts: New haven, MO

Quick Facts

94.1
Cost of Living
below US average
2,409
Population
8.3
Crime Rate per 1000
below US average
$66,410
Median Income
below US average
$259,900
Median House Price
above US average
$1050.0
Average Rent
below US average
10%
Poverty Rate
below US average
2.5%
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 $66,410.

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Income Needed to Buy

βœ— Stretch
$82k/year
Based on $259,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $82k vs median $66,410
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Income Needed to Rent

βœ“ Affordable
$45k/year
Based on $1050.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($66,410) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for New haven, MO

New Haven is a picturesque small city located in Franklin County, Missouri, situated along the banks of the beautiful Missouri River. Known for its charming, small-town atmosphere, it boasts a population of around 2,000 residents. The city is characterized by its historic buildings, quaint downtown area, and a strong sense of community. Outdoor enthusiasts will appreciate the surrounding natural beauty, including nearby parks and recreational areas offering hiking, fishing, and boating opportunities. New Haven is also recognized for its vibrant arts scene and hosts various events throughout the year, celebrating local culture and history. Wine lovers will find a delightful treat in New Haven's proximity to several vineyards and wineries, part of Missouri's wine country, making it a popular spot for wine tastings and tours. The city's rich history dates back to the mid-19th century, reflected in its architecture and community events. Educational opportunities are facilitated by local schools, and the close-knit community fosters a welcoming atmosphere for residents and visitors alike. Whether you're exploring its scenic views or enjoying local festivals, New Haven offers a unique blend of history and charm.

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