Quick facts: Warrensburg, MO

Quick Facts

94.1
Cost of Living
below US average
19,458
Population
29.14
Crime Rate per 1000
above US average
$54,535
Median Income
below US average
$300,000
Median House Price
above US average
$1199.06
Average Rent
below US average
14%
Poverty Rate
above US average
3.5%
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 $54,535.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $300,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $54,535
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Income Needed to Rent

βœ“ Affordable
$51k/year
Based on $1199.06/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($54,535) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Warrensburg, MO

Warrensburg, Missouri, is a charming small city located in Johnson County, approximately 50 miles east of Kansas City. With a population of around 20,000 residents, it serves as a vibrant community hub, particularly known for its connection to the University of Central Missouri, which significantly influences the local culture and economy. Warrensburg boasts a rich history, rooted in its founding in the 1830s. The city’s downtown area features a blend of historic and modern buildings, offering a variety of local shops, restaurants, and parks. Important local amenities include a community center, recreational facilities, and several annual events that foster community spirit, such as the Warrensburg Arts and Crafts Festival. Outdoor enthusiasts can explore nearby attractions like the Pertle Springs Park and the stunning scenery in the surrounding countryside. The city's location provides easy access to both rural and urban experiences, offering a peaceful, small-town atmosphere while being close to the amenities of larger metropolitan areas. Overall, Warrensburg is a welcoming locale with a strong sense of community, making it an appealing place to live and visit.

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