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Buying a home in Westboro, Missouri

The typical owner-occupied home in Westboro is worth about $34,300, 85% below the Missouri median of $230,300 and 90% below the national median of $332,700. Owners pay a median $325 a year in property taxes, about 0.95% of their home's value, higher than the Missouri rate of 0.85%. The median household earns $28,125 a year, so the median home costs 1.2 times the median income (3.3 times for Missouri). 89% of occupied homes here are lived in by their owners, and 12% of those owners still have a mortgage.

Westboro at a glance

Westboro Missouri U.S.
Median home value $34,300 $230,300 $332,700
Median property tax paid per year $325 $1,948 $3,119
Property tax as a share of value 0.95% 0.85% 0.94%
Median household income $28,125 $70,702 $80,734
Homes lived in by their owners 89% 68% 65%
Owner homes with a mortgage 12% 60% 61%
Median monthly costs, owners with a mortgage – $1,524 $1,963
Median rent – $1,033 $1,413
Median year homes were built 1938 1978 1980
Vacant homes 6.0% 11.2% 10.1%
Population 106 6,191,814 334,922,499

What a typical home costs per month in Westboro

At this week's average 30-year rate of 7.11%, buying the median Westboro home of $34,300 with 20% down costs about $226 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $283, 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 $9,687 for the 20%-down payment. That payment is 10% of the median Westboro household income of $28,125; at that income and 20% down, the 28% guideline points to a home of about $100,000.

20% down, 30-year conventional loan
Down payment$6,860
Loan amount$27,440
Principal and interest$185
Property taxes (0.95% a year)$27
Homeowners insurance (our estimate, 0.5% a year)$14
PMI$0
Total per month$226

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3.5% down, 30-year FHA loan
Down payment$1,200
Loan amount$33,679
Principal and interest$227
Property taxes (0.95% a year)$27
Homeowners insurance (our estimate, 0.5% a year)$14
FHA mortgage insurance$15
Total per month$283

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Questions about home buying in Westboro

What is the median home value in Westboro?

About $34,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Westboro?

Homeowners pay a median $325 a year, which is about 0.95% 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 Westboro?

For the median home with 20% down at 7.11%, the payment is about $226 a month. Keeping that under 28% of gross income takes about $9,687 a year.

More about Westboro

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