The typical owner-occupied home in Emma is worth about $124,300, 46% below the Missouri median of $230,300 and 63% below the national median of $332,700. Owners pay a median $721 a year in property taxes, about 0.58% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $81,667 a year, so the median home costs 1.5 times the median income (3.3 times for Missouri). 90% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Emma at a glance
| Emma | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $124,300 | $230,300 | $332,700 |
| Median property tax paid per year | $721 | $1,948 | $3,119 |
| Property tax as a share of value | 0.58% | 0.85% | 0.94% |
| Median household income | $81,667 | $70,702 | $80,734 |
| Homes lived in by their owners | 90% | 68% | 65% |
| Owner homes with a mortgage | 46% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,172 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 19.0% | 21.0% |
| Median rent | $850 | $1,033 | $1,413 |
| Rent as a share of renters' income | 18.8% | 28.1% | 30.6% |
| Median year homes were built | 1951 | 1978 | 1980 |
| Vacant homes | 17.0% | 11.2% | 10.1% |
| Population | 270 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Emma
At this week's average 30-year rate of 7.11%, buying the median Emma home of $124,300 with 20% down costs about $781 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $988, 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 $33,463 for the 20%-down payment. That payment is 11% of the median Emma household income of $81,667; at that income and 20% down, the 28% guideline points to a home of about $303,000.
The median rent here is $850 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $24,860 |
|---|---|
| Loan amount | $99,440 |
| Principal and interest | $669 |
| Property taxes (0.58% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $781 |
Change the numbers in the calculator
| Down payment | $4,350 |
|---|---|
| Loan amount | $122,049 |
| Principal and interest | $821 |
| Property taxes (0.58% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $988 |
Change the numbers in the calculator
Questions about home buying in Emma
What is the median home value in Emma?
About $124,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Emma?
Homeowners pay a median $721 a year, which is about 0.58% 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 Emma?
For the median home with 20% down at 7.11%, the payment is about $781 a month. Keeping that under 28% of gross income takes about $33,463 a year.
More about Emma
- Mortgage Refinance in Emma
- Debt Relief in Emma
- Home Equity Loans in Emma
- 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