The typical owner-occupied home in Cardwell is worth about $38,800, 83% below the Missouri median of $230,300 and 88% below the national median of $332,700. Owners pay a median $423 a year in property taxes, about 1.09% of their home's value, higher than the Missouri rate of 0.85%. The median household earns $22,500 a year, so the median home costs 1.7 times the median income (3.3 times for Missouri). 37% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Cardwell at a glance
| Cardwell | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $38,800 | $230,300 | $332,700 |
| Median property tax paid per year | $423 | $1,948 | $3,119 |
| Property tax as a share of value | 1.09% | 0.85% | 0.94% |
| Median household income | $22,500 | $70,702 | $80,734 |
| Homes lived in by their owners | 37% | 68% | 65% |
| Owner homes with a mortgage | 35% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $809 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 19.0% | 21.0% |
| Median rent | $767 | $1,033 | $1,413 |
| Rent as a share of renters' income | 45.0% | 28.1% | 30.6% |
| Median year homes were built | 1972 | 1978 | 1980 |
| Vacant homes | 19.3% | 11.2% | 10.1% |
| Population | 816 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Cardwell
At this week's average 30-year rate of 7.11%, buying the median Cardwell home of $38,800 with 20% down costs about $260 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $325, 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 $11,152 for the 20%-down payment. That payment is 14% of the median Cardwell household income of $22,500; at that income and 20% down, the 28% guideline points to a home of about $78,000.
The median rent here is $767 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $7,760 |
|---|---|
| Loan amount | $31,040 |
| Principal and interest | $209 |
| Property taxes (1.09% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| PMI | $0 |
| Total per month | $260 |
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| Down payment | $1,358 |
|---|---|
| Loan amount | $38,097 |
| Principal and interest | $256 |
| Property taxes (1.09% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| FHA mortgage insurance | $17 |
| Total per month | $325 |
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Questions about home buying in Cardwell
What is the median home value in Cardwell?
About $38,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cardwell?
Homeowners pay a median $423 a year, which is about 1.09% 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 Cardwell?
For the median home with 20% down at 7.11%, the payment is about $260 a month. Keeping that under 28% of gross income takes about $11,152 a year.
More about Cardwell
- Mortgage Refinance in Cardwell
- Debt Relief in Cardwell
- Home Equity Loans in Cardwell
- 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