The typical owner-occupied home in Cooper County is worth about $203,500, 12% below the Missouri median of $230,300 and 39% below the national median of $332,700. Owners pay a median $1,334 a year in property taxes, about 0.66% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $70,625 a year, so the median home costs 2.9 times the median income (3.3 times for Missouri). 76% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Cooper County at a glance
| Cooper County | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $203,500 | $230,300 | $332,700 |
| Median property tax paid per year | $1,334 | $1,948 | $3,119 |
| Property tax as a share of value | 0.66% | 0.85% | 0.94% |
| Median household income | $70,625 | $70,702 | $80,734 |
| Homes lived in by their owners | 76% | 68% | 65% |
| Owner homes with a mortgage | 57% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,269 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 19.0% | 21.0% |
| Median rent | $782 | $1,033 | $1,413 |
| Rent as a share of renters' income | 24.0% | 28.1% | 30.6% |
| Median year homes were built | 1974 | 1978 | 1980 |
| Vacant homes | 14.4% | 11.2% | 10.1% |
| Population | 16,824 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Cooper County
At this week's average 30-year rate of 7.11%, buying the median Cooper County home of $203,500 with 20% down costs about $1,292 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,631, 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 $55,367 for the 20%-down payment. That payment is 22% of the median Cooper County household income of $70,625; at that income and 20% down, the 28% guideline points to a home of about $260,000.
The median rent here is $782 a month, so owning the median home costs about $510 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $40,700 |
|---|---|
| Loan amount | $162,800 |
| Principal and interest | $1,095 |
| Property taxes (0.66% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| PMI | $0 |
| Total per month | $1,292 |
Change the numbers in the calculator
| Down payment | $7,122 |
|---|---|
| Loan amount | $199,814 |
| Principal and interest | $1,344 |
| Property taxes (0.66% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| FHA mortgage insurance | $90 |
| Total per month | $1,631 |
Change the numbers in the calculator
Questions about home buying in Cooper County
What is the median home value in Cooper County?
About $203,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cooper County?
Homeowners pay a median $1,334 a year, which is about 0.66% 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 Cooper County?
For the median home with 20% down at 7.11%, the payment is about $1,292 a month. Keeping that under 28% of gross income takes about $55,367 a year.
More about Cooper County
- Mortgage Refinance in Cooper County
- Debt Relief in Cooper County
- Home Equity Loans in Cooper County
- 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