Cost of Living & Housing in Monett
Monett's cost of living centers on real, disclosed housing affordability well below both national and Missouri statewide averages, paired with a genuinely low local property tax rate.
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Learn moreHousing prices well below the Missouri and national average
Monett's median home value ran $167,700-$185,249 across sources reviewed this pass (Zillow's own figure: $180,213) -- well below Missouri's own statewide average home value (~$268,423) and the national median. This record discloses that modest cross-source spread honestly rather than asserting one falsely precise figure (base record).
Barry County's lowest municipal property tax rate
Monett's own effective property tax rate ran a real, disclosed 0.86% as of this research pass -- genuinely the lowest of any municipality within Barry County (county median: 0.91%), and below Missouri's own statewide 0.88%-0.97% effective range. This gives Monett a real, disclosed below-even-state-average property tax position (base record).
A below-state-average income base worth weighing against the low costs
Monett's median household income ran a real, disclosed $49,390, below Missouri's statewide figure (~$70,702), with a 15.16% poverty rate above the state's 12.6% average -- a real, disclosed trade-off worth weighing directly against the market's genuine housing and tax affordability (base record).
Key takeaways
- Monett's median home value runs $167,700-$185,249 across sources -- well below Missouri's statewide average of roughly $268,423.
- Monett's own 0.86% effective property tax rate is genuinely the lowest of any Barry County municipality.
- Median household income ($49,390) runs below the Missouri statewide figure -- weigh this directly against the market's real cost advantages.
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