The typical owner-occupied home in Grandin is worth about $32,900, 86% below the Missouri median of $230,300 and 90% below the national median of $332,700. Owners pay a median $348 a year in property taxes, about 1.06% of their home's value, higher than the Missouri rate of 0.85%. The median household earns $29,250 a year, so the median home costs 1.1 times the median income (3.3 times for Missouri). 64% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Grandin at a glance
| Grandin | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $32,900 | $230,300 | $332,700 |
| Median property tax paid per year | $348 | $1,948 | $3,119 |
| Property tax as a share of value | 1.06% | 0.85% | 0.94% |
| Median household income | $29,250 | $70,702 | $80,734 |
| Homes lived in by their owners | 64% | 68% | 65% |
| Owner homes with a mortgage | 28% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $781 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 24.7% | 19.0% | 21.0% |
| Median rent | $541 | $1,033 | $1,413 |
| Rent as a share of renters' income | 39.8% | 28.1% | 30.6% |
| Median year homes were built | 1978 | 1978 | 1980 |
| Vacant homes | 10.1% | 11.2% | 10.1% |
| Population | 352 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Grandin
At this week's average 30-year rate of 7.11%, buying the median Grandin home of $32,900 with 20% down costs about $220 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $275, 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 $9,421 for the 20%-down payment. That payment is 9% of the median Grandin household income of $29,250; at that income and 20% down, the 28% guideline points to a home of about $102,000.
The median rent here is $541 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $6,580 |
|---|---|
| Loan amount | $26,320 |
| Principal and interest | $177 |
| Property taxes (1.06% a year) | $29 |
| Homeowners insurance (our estimate, 0.5% a year) | $14 |
| PMI | $0 |
| Total per month | $220 |
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| Down payment | $1,152 |
|---|---|
| Loan amount | $32,304 |
| Principal and interest | $217 |
| Property taxes (1.06% a year) | $29 |
| Homeowners insurance (our estimate, 0.5% a year) | $14 |
| FHA mortgage insurance | $15 |
| Total per month | $275 |
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Questions about home buying in Grandin
What is the median home value in Grandin?
About $32,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grandin?
Homeowners pay a median $348 a year, which is about 1.06% 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 Grandin?
For the median home with 20% down at 7.11%, the payment is about $220 a month. Keeping that under 28% of gross income takes about $9,421 a year.
More about Grandin
- Mortgage Refinance in Grandin
- Debt Relief in Grandin
- Home Equity Loans in Grandin
- 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