The typical owner-occupied home in Saint Joseph is worth about $154,200, 33% below the Missouri median of $230,300 and 54% below the national median of $332,700. Owners pay a median $1,225 a year in property taxes, about 0.79% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $57,956 a year, so the median home costs 2.7 times the median income (3.3 times for Missouri). 63% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Saint Joseph at a glance
| Saint Joseph | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $154,200 | $230,300 | $332,700 |
| Median property tax paid per year | $1,225 | $1,948 | $3,119 |
| Property tax as a share of value | 0.79% | 0.85% | 0.94% |
| Median household income | $57,956 | $70,702 | $80,734 |
| Homes lived in by their owners | 63% | 68% | 65% |
| Owner homes with a mortgage | 57% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,260 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.0% | 21.0% |
| Median rent | $898 | $1,033 | $1,413 |
| Rent as a share of renters' income | 30.8% | 28.1% | 30.6% |
| Median year homes were built | 1962 | 1978 | 1980 |
| Vacant homes | 13.5% | 11.2% | 10.1% |
| Population | 71,236 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Saint Joseph
At this week's average 30-year rate of 7.11%, buying the median Saint Joseph home of $154,200 with 20% down costs about $996 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,252, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $42,669 for the 20%-down payment. That payment is 21% of the median Saint Joseph household income of $57,956; at that income and 20% down, the 28% guideline points to a home of about $209,000.
The median rent here is $898 a month, so owning the median home costs about $98 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,840 |
|---|---|
| Loan amount | $123,360 |
| Principal and interest | $830 |
| Property taxes (0.79% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| PMI | $0 |
| Total per month | $996 |
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| Down payment | $5,397 |
|---|---|
| Loan amount | $151,407 |
| Principal and interest | $1,019 |
| Property taxes (0.79% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| FHA mortgage insurance | $68 |
| Total per month | $1,252 |
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Questions about home buying in Saint Joseph
What is the median home value in Saint Joseph?
About $154,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Joseph?
Homeowners pay a median $1,225 a year, which is about 0.79% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Saint Joseph?
For the median home with 20% down at 7.11%, the payment is about $996 a month. Keeping that under 28% of gross income takes about $42,669 a year.
More about Saint Joseph
- Mortgage Refinance in Saint Joseph
- Debt Relief in Saint Joseph
- Home Equity Loans in Saint Joseph
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data