Cost of Living in Wright County, Missouri

$558/mo
Median Monthly Rent
$152,300
Median Home Value

At a Glance

Median Monthly Rent
$558/mo
27% below state average
Median Home Value
$152,300
46% below national
Rent-to-Income Ratio
29.0%
% 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 Wright County Compares

Median monthly rent comparison

Wright County$558/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$558/mo
Median Gross Rent
$152,300
Median Home Value
$597/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Wright County ranks #311 of 3,144 counties for affordability (top 10%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Wright County, Missouri

Wright sits near the national affordability line

Wright County's 14.2% rent-to-income ratio edges slightly above the national standard, putting it in the moderately affordable category for American renters. The median rent of $558 is below the state average of $768, but the median income of $47,304 trails the national $74,755 by a significant margin.

Wright ranks middle of Missouri pack

With a 14.2% rent-to-income ratio, Wright County performs slightly better than Missouri's 15.6% state average, landing it in the middle tier of county affordability. This modest advantage means Wright renters retain slightly more breathing room than the typical Missourian.

Wright bridges Worth and Webster costs

Wright County's $558 rent sits squarely between Worth County's ultra-low $353 and Webster County's $777, offering middle-ground housing prices. However, Wright's $47,304 income is closer to Worth's level, making its rent burden slightly higher than Webster's despite the lower absolute costs.

Wright's modest housing split

Renters commit $558 monthly to housing while homeowners spend $597, both manageable on Wright's $47,304 median income. At 14.2% for renters and 15.1% for owners, housing takes up a reasonable but notable chunk of household budgets.

Wright County: balanced rural option

Wright County offers a middle path—cheaper than Webster, higher-earning than Worth—if you're seeking rural Missouri living without extreme trade-offs. If your current rent-to-income ratio exceeds 14%, Wright's $558 rent could improve your financial situation while maintaining community-oriented rural life.

Cost of Living Advisory: Wright County

Affordability Verdict

Housing in Wright County is affordable. The median rent is $558/month against a median household income of $47,304, putting rent at 14.2% of income.

Rent vs. Own

The median rent in Wright County is $558/month, while owner costs run $597/month. Renting saves approximately $39/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $22,320/year. For owner costs at the 28% rule, the required income is roughly $25,586/year. With a median household income of $47,304, most households can comfortably afford rent here. Notably, 29.0% of renter households in Wright County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Wright County sits 9% less expensive than Linn County ($612/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Wright County

$

Rent Burden

14.2%

of gross income

Max Housing (28% Rule)

$1,104

per month

Owner Cost Burden

15.1%

of gross income

The median home in Wright County may be a stretch

Median home value is $152,300. Estimated monthly cost: $1,216 vs. your max of $1,104.

Rent Affordability Guide

Your rent-to-income ratio14.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,304Needed: $22,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,304Needed: $25,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,304Needed: $35,444

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Wright County, Missouri?
Wright County, Missouri has a median monthly rent of $558/mo and a median home value of $152,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Wright County?
The median gross rent in Wright County is $558/mo. This is 27% below state average for Missouri.
Is Wright County affordable?
Wright County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wright County's rent compare to the state average?
Wright County's median rent of $558/mo is 27% below state average of $768/mo for Missouri.
What is the median home value in Wright County?
The median home value in Wright County, Missouri is $152,300. This is 46% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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