Cost of Living in Grundy County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Grundy County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Grundy County, Missouri
Grundy Renters Face Modest Affordability Pressures
Grundy County's rent-to-income ratio of 15.1% sits just below the national benchmark, reflecting tight but manageable affordability for renters earning a median household income of $53,839. Monthly rents of $679 consume a moderate share of household earnings, comparable to national norms.
Grundy Slightly Below State Affordability Average
At 15.1%, Grundy County's rent-to-income ratio sits just below Missouri's state average of 15.6%, placing it near the middle of statewide affordability. The median rent of $679 runs $89 cheaper than the state average, offering reasonable value for rural Missouri.
Grundy Balances Rents and Income Competitively
Grundy's 15.1% rent-to-income ratio positions it between stronger performers like Gasconade (12.4%) and Gentry (12.9%), and better than Douglas (16.5%) and Dunklin (16.0%). At $679 monthly rent with $53,839 income, Grundy offers middle-ground regional affordability.
Ownership More Affordable Than Renting
Grundy renters spend 15.1% of their $53,839 annual income on $679 monthly rent, but homeowners fare better at only 13.3% for ownership costs ($594/month). This pattern suggests that purchasing a median-valued home ($107,000) offers better affordability than renting in Grundy.
Grundy: Solid Value for Balanced Households
Grundy County suits relocating families seeking rural stability with reasonable housing costs: median home values ($107,000) stay affordable, and ownership costs ($594) beat rental prices. If you can secure stable employment at or near Grundy's $53,839 median income and prefer homeownership, this county delivers solid value.
Affordability Calculator
See how your income compares to housing costs in Grundy County
Rent Burden
15.1%
of gross income
Max Housing (28% Rule)
$1,256
per month
Owner Cost Burden
13.2%
of gross income
You can likely afford the median home in Grundy County
Median home value is $107,000. Estimated monthly cost: $854 vs. your max of $1,256.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.