The typical owner-occupied home in Saint Mary is worth about $120,000, 48% below the Missouri median of $230,300 and 64% below the national median of $332,700. The median household earns $49,643 a year, so the median home costs 2.4 times the median income (3.3 times for Missouri). 67% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Saint Mary at a glance
| Saint Mary | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $120,000 | $230,300 | $332,700 |
| Median property tax paid per year | – | $1,948 | $3,119 |
| Median household income | $49,643 | $70,702 | $80,734 |
| Homes lived in by their owners | 67% | 68% | 65% |
| Owner homes with a mortgage | 40% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,125 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.0% | 21.0% |
| Median rent | $775 | $1,033 | $1,413 |
| Rent as a share of renters' income | 19.0% | 28.1% | 30.6% |
| Median year homes were built | 1959 | 1978 | 1980 |
| Vacant homes | 23.4% | 11.2% | 10.1% |
| Population | 285 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Saint Mary
At this week's average 30-year rate of 7.11%, buying the median Saint Mary home of $120,000 with 20% down costs about $806 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,006, 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 $34,534 for the 20%-down payment. That payment is 19% of the median Saint Mary household income of $49,643; at that income and 20% down, the 28% guideline points to a home of about $172,000.
The median rent here is $775 a month, so owning the median home costs about $31 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $24,000 |
|---|---|
| Loan amount | $96,000 |
| Principal and interest | $646 |
| Property taxes (1.10% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $806 |
Change the numbers in the calculator
| Down payment | $4,200 |
|---|---|
| Loan amount | $117,826 |
| Principal and interest | $793 |
| Property taxes (1.10% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,006 |
Change the numbers in the calculator
Questions about home buying in Saint Mary
What is the median home value in Saint Mary?
About $120,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Saint Mary?
For the median home with 20% down at 7.11%, the payment is about $806 a month. Keeping that under 28% of gross income takes about $34,534 a year.
More about Saint Mary
- Mortgage Refinance in Saint Mary
- Debt Relief in Saint Mary
- Home Equity Loans in Saint Mary
- 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