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Lanagan town, MO

ZIP 64847 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 64847

Median Home Value
$55,000
Median Rent
$408
Affordability Snapshot
$15,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$353/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 64847 in Lanagan town, MO, a household would need roughly $15,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $353. That sits below the local median household income ($36,000), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
45.1%-31% vs US avg
x
Vacancy Rate
22.6%+119% vs US avg
x
Broadband Access
81.3%-7% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
12.9%+1% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
10.1%-80% vs US avg
x
Mortgage-Free
78.5%+105% vs US avg
x
$55,000
Home Value
$408
Rent
1964
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached51.1%
  • 1-unit attached5.9%
  • 2-9 units19.4%
  • 10+ units3.2%
  • Mobile home & other20.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$55,000
Median rent$408
Owner-occupied45.1%
Vacant22.6%
Price-to-income1.5x
Est. income to buy$15,000