Cost of Living in Jasper County, Missouri

$904/mo
Median Monthly Rent
$158,500
Median Home Value
18% above state averageUnaffordable

At a Glance

Median Monthly Rent
$904/mo
18% above state average
Median Home Value
$158,500
44% below national
Rent-to-Income Ratio
30.0%
% 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 Jasper County Compares

Median monthly rent comparison

Jasper County$904/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$904/mo
Median Gross Rent
$158,500
Median Home Value
$924/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Jasper County, Missouri

Jasper rents bite harder than average

Jasper County renters spend 18.9% of their income on housing, outpacing the national norm by 3.4 percentage points. Meanwhile, median household income here sits at $57,525, nearly $17,200 below the U.S. average, making every dollar of rent feel heavier.

Above average strain in Missouri

Jasper's rent-to-income ratio of 18.9% ranks it among the more burdened counties in Missouri, where the state average is 15.6%. At $904 monthly rent, Jasper residents pay $136 more than Missouri's median—a gap that compounds quickly on modest incomes.

Pricier than comparable counties

Jasper's $904 median rent compares unfavorably to nearby Lawrence County ($785) and Knox County ($661), both of which have lower rent-to-income ratios despite similar income levels. Renters here face a 37% higher monthly cost than in Knox County.

Housing costs squeeze Jasper incomes

Rent consumes $904 monthly while homeowners pay $924, leaving limited room in a $57,525 median household budget. Combined, housing takes up roughly 19% of pre-tax income for renters and 19% for owners—both above comfortable thresholds.

Shop nearby for better affordability

If Jasper's housing costs feel steep, neighboring Lawrence and Knox counties offer significantly lower rents without sacrificing regional access. A move south or east could cut your monthly housing bill by $140–$240 while keeping you in the same regional job market.

Affordability Calculator

See how your income compares to housing costs in Jasper County

$

Rent Burden

18.9%

of gross income

Max Housing (28% Rule)

$1,342

per month

Owner Cost Burden

19.3%

of gross income

You can likely afford the median home in Jasper County

Median home value is $158,500. Estimated monthly cost: $1,265 vs. your max of $1,342.

Rent Affordability Guide

Your rent-to-income ratio18.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Jasper County, Missouri?
Jasper County, Missouri has a median monthly rent of $904/mo and a median home value of $158,500. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Jasper County?
The median gross rent in Jasper County is $904/mo. This is 18% above state average for Missouri.
Is Jasper County affordable?
Jasper County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Jasper County's rent compare to the state average?
Jasper County's median rent of $904/mo is 18% above state average of $768/mo for Missouri.
What is the median home value in Jasper County?
The median home value in Jasper County, Missouri is $158,500. This is 44% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.