Cost of Living in Carroll County, Missouri

$785/mo
Median Monthly Rent
$110,500
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$785/mo
2% above state average
Median Home Value
$110,500
61% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Carroll County Compares

Median monthly rent comparison

Carroll County$785/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$785/mo
Median Gross Rent
$110,500
Median Home Value
$680/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Carroll County, Missouri

Carroll's rent burden sits below national average

Carroll County renters spend 15.3% of their income on rent, slightly below the national median of roughly 16%. With a median household income of $61,712 against the national average of $74,755, residents here earn about 17% less than their U.S. counterparts but manage a more favorable rent-to-income ratio.

Mid-range affordability across Missouri

Carroll County's rent-to-income ratio of 15.3% places it just below Missouri's state average of 15.6%, indicating slightly better than typical housing affordability for the region. The median rent of $785 exceeds the state average of $768 by just $17, suggesting Carroll sits in the middle tier of Missouri's housing market.

More affordable than northern peers

Carroll County renters face lower burdens than neighboring Clay County (17.0% rent-to-income) but slightly higher costs than Chariton County to the east (10.2%). At $785 monthly, Carroll's median rent falls between Clark County's $589 and Cass County's $1,147, reflecting its position in Missouri's housing spectrum.

Where Carroll's housing dollars go

On a median income of $61,712, Carroll renters pay $785 monthly (15.3% of income) while homeowners spend $680 monthly toward ownership costs. Together, these patterns show that housing consumes roughly one-sixth of household income in Carroll, leaving adequate room for other expenses.

Consider Carroll for moderate costs

If you're weighing relocation options, Carroll County offers below-national-average rent burdens without the premium prices of Cass or Clay counties. Compare these costs against your own income expectations—Carroll's $785 median rent suits households earning $50,000 to $75,000 particularly well.

Affordability Calculator

See how your income compares to housing costs in Carroll County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,440

per month

Owner Cost Burden

13.2%

of gross income

You can likely afford the median home in Carroll County

Median home value is $110,500. Estimated monthly cost: $882 vs. your max of $1,440.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Carroll County, Missouri?
Carroll County, Missouri has a median monthly rent of $785/mo and a median home value of $110,500. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Carroll County?
The median gross rent in Carroll County is $785/mo. This is 2% above state average for Missouri.
Is Carroll County affordable?
Carroll County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Carroll County's rent compare to the state average?
Carroll County's median rent of $785/mo is 2% above state average of $768/mo for Missouri.
What is the median home value in Carroll County?
The median home value in Carroll County, Missouri is $110,500. This is 61% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Carroll County, Missouri? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Carroll County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.