The typical owner-occupied home in Sarcoxie is worth about $94,100, 59% below the Missouri median of $230,300 and 72% below the national median of $332,700. Owners pay a median $583 a year in property taxes, about 0.62% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $41,705 a year, so the median home costs 2.3 times the median income (3.3 times for Missouri). 79% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Sarcoxie at a glance
| Sarcoxie | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $94,100 | $230,300 | $332,700 |
| Median property tax paid per year | $583 | $1,948 | $3,119 |
| Property tax as a share of value | 0.62% | 0.85% | 0.94% |
| Median household income | $41,705 | $70,702 | $80,734 |
| Homes lived in by their owners | 79% | 68% | 65% |
| Owner homes with a mortgage | 41% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $850 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 20.5% | 19.0% | 21.0% |
| Median rent | $688 | $1,033 | $1,413 |
| Rent as a share of renters' income | 36.3% | 28.1% | 30.6% |
| Median year homes were built | 1966 | 1978 | 1980 |
| Vacant homes | 13.3% | 11.2% | 10.1% |
| Population | 1,574 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Sarcoxie
At this week's average 30-year rate of 7.11%, buying the median Sarcoxie home of $94,100 with 20% down costs about $594 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $751, 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 $25,467 for the 20%-down payment. That payment is 17% of the median Sarcoxie household income of $41,705; at that income and 20% down, the 28% guideline points to a home of about $154,000.
The median rent here is $688 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,820 |
|---|---|
| Loan amount | $75,280 |
| Principal and interest | $506 |
| Property taxes (0.62% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $594 |
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| Down payment | $3,294 |
|---|---|
| Loan amount | $92,396 |
| Principal and interest | $622 |
| Property taxes (0.62% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $751 |
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Questions about home buying in Sarcoxie
What is the median home value in Sarcoxie?
About $94,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sarcoxie?
Homeowners pay a median $583 a year, which is about 0.62% 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 Sarcoxie?
For the median home with 20% down at 7.11%, the payment is about $594 a month. Keeping that under 28% of gross income takes about $25,467 a year.
More about Sarcoxie
- Mortgage Refinance in Sarcoxie
- Debt Relief in Sarcoxie
- Home Equity Loans in Sarcoxie
- 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