The typical owner-occupied home in Saint Thomas is worth about $212,000, 8% below the Missouri median of $230,300 and 36% below the national median of $332,700. Owners pay a median $1,596 a year in property taxes, about 0.75% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $89,688 a year, so the median home costs 2.4 times the median income (3.3 times for Missouri). 89% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Saint Thomas at a glance
| Saint Thomas | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $212,000 | $230,300 | $332,700 |
| Median property tax paid per year | $1,596 | $1,948 | $3,119 |
| Property tax as a share of value | 0.75% | 0.85% | 0.94% |
| Median household income | $89,688 | $70,702 | $80,734 |
| Homes lived in by their owners | 89% | 68% | 65% |
| Owner homes with a mortgage | 63% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,278 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 19.0% | 21.0% |
| Median rent | $1,042 | $1,033 | $1,413 |
| Rent as a share of renters' income | 13.1% | 28.1% | 30.6% |
| Median year homes were built | 1972 | 1978 | 1980 |
| Vacant homes | 2.2% | 11.2% | 10.1% |
| Population | 228 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Saint Thomas
At this week's average 30-year rate of 7.11%, buying the median Saint Thomas home of $212,000 with 20% down costs about $1,362 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,715, 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 $58,360 for the 20%-down payment. That payment is 18% of the median Saint Thomas household income of $89,688; at that income and 20% down, the 28% guideline points to a home of about $326,000.
The median rent here is $1,042 a month, so owning the median home costs about $320 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $42,400 |
|---|---|
| Loan amount | $169,600 |
| Principal and interest | $1,141 |
| Property taxes (0.75% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $88 |
| PMI | $0 |
| Total per month | $1,362 |
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| Down payment | $7,420 |
|---|---|
| Loan amount | $208,160 |
| Principal and interest | $1,400 |
| Property taxes (0.75% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $88 |
| FHA mortgage insurance | $94 |
| Total per month | $1,715 |
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Questions about home buying in Saint Thomas
What is the median home value in Saint Thomas?
About $212,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Thomas?
Homeowners pay a median $1,596 a year, which is about 0.75% 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 Thomas?
For the median home with 20% down at 7.11%, the payment is about $1,362 a month. Keeping that under 28% of gross income takes about $58,360 a year.
More about Saint Thomas
- Mortgage Refinance in Saint Thomas
- Debt Relief in Saint Thomas
- Home Equity Loans in Saint Thomas
- 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