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Rental Insights for ZIP Code 63631 (Caledonia, MO)

Housing Rentals in ZIP Code 63631 (Caledonia, MO)

63631 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 63631

ZIP Code 63631 is principally located in Caledonia, MO in Washington County. The estimated median housing rent in this Missouri region is $789 per month. Approximately 23.4% of housing units in this Washington County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of zero.

The median rent in ZIP Code 63631 of $789 per month is 5% lower than the aggregate Missouri median monthly rent of $830, and is 26% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 100.0% of renters in ZIP Code 63631 pay between $500 and $999 per month for housing. That is 78% higher than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing.

ZIP Code 63631 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 63631

See the chart below for a comparison of monthly rental costs in ZIP Code 63631, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 63631 along with those in the state of Missouri and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 63631

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 63631 Missouri U.S.
Less than $500 0.0% 12.8% 9.4%
$500 to $999 100.0% 56.1% 36.2%
$1,000 to $1,499 0.0% 24.7% 30.0%
$1,500 to $1,999 0.0% 4.4% 14.0%
$2,000 to $2,499 0.0% 1.2% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.4% 2.4%

Rent Cost vs. Income in ZIP Code 63631

Renters in ZIP Code 63631 use an estimated 22.88% of their income to cover their monthly rent payments. That is about 20% lower than in Missouri overall. The estimate for Missouri overall is 28.54% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 63631 renters use about 23% less of their income to cover rent expense. Household income figures for ZIP Code 63631 come in higher than in Missouri as a whole. The median annual household income in ZIP Code 63631 of $61,068 sits approximately 10% higher than the overall Missouri median income of $55,461 and approximately 3% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 63631

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 63631, Missouri, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 63631 along with the same calculations in the state of Missouri and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 63631

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 63631 Missouri U.S.
Less than 15.0 percent 10.9% 15.4% 13.1%
15.0 to 19.9 percent 0.0% 14.7% 12.9%
20.0 to 24.9 percent 80.4% 13.3% 12.9%
25.0 to 29.9 percent 0.0% 11.5% 11.6%
30.0 to 34.9 percent 0.0% 8.5% 9.1%
35.0 percent or more 8.7% 36.5% 40.5%

Household Income in ZIP Code 63631

See the table below for the regional comparison of annual household income in ZIP Code 63631.

Income ZIP 63631 Missouri U.S.
Less than $10,000 6.7% 6.2% 6.0%
$10,000 to $14,999 6.7% 4.6% 4.3%
$15,000 to $24,999 2.4% 10.1% 8.9%
$25,000 to $34,999 4.1% 10.2% 8.9%
$35,000 to $49,999 15.9% 14.0% 12.3%
$50,000 to $74,999 32.5% 18.5% 17.2%
$75,000 to $99,999 22.4% 12.7% 12.7%
$100,000 to $149,999 2.7% 13.6% 15.1%
$150,000 to $199,999 0.0% 5.1% 6.8%
$200,000 or more 6.5% 4.8% 7.7%

Household Income in ZIP Code 63631

See the chart below for a comparison of annual household income figures in ZIP Code 63631, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 63631 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 63631

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 63631.

ZIP 63631 Missouri U.S.
Median Housing Rent $789 $830 $1,062
Renter-Occupied Housing Units 23.4% 33.2% 36.0%
Rental Vacancy Rate 0.0% 6.3% 6.0%
Average Size of Renter-Occupied Unit 2.76 2.25 2.49
Average # of Bedrooms Per Unit 3.15 2.77 2.75
Percent of Income Spent on Rent 22.88% 28.54% 29.83%
Per Capita Income $25,958 $30,810 $34,103
Median Household Income $69,069 $76,060 $88,607
Living Below the Poverty Line 6.3% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 63631

In ZIP Code 63631 (Caledonia, MO), and estimated 23.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 63631 is estimated at $25,958, which goes along with an estimated median household income of $69,069. About 6.3% of residents in this Washington County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.76 occupants, while the units have an aggregate average size of 3.15 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 22.88% of their income on housing rental costs.

Rental FAQs for ZIP Code 63631

1

What is the median monthly rent in ZIP Code 63631?

Median rent for housing in ZIP Code 63631 in Washington County in Missouri is approximately $789 per month.
2

Is it expensive to rent in ZIP Code 63631?

Rent in ZIP Code 63631 is lower than average in the state of Missouri overall. The median monthly rent of $789 in ZIP Code 63631 is approximately 5% lower than the Missouri median of $830. Additionally, median rent in this Caledonia, MO region ($789) is about 26% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 63631?

High-priced rentals are not common in the Caledonia, MO ZIP Code of 63631, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Missouri overall, approximately 0.4% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 63631?

Affordable rentals are more common in ZIP Code 63631 than in Missouri overall. The percentage of housing rentals in ZIP Code 63631 costing $999 or less per month (100%) is approximately 45% higher than the Missouri rate of 68.9% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 119% lower than the previously mentioned 63631 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 63631?

The most common range for rental cost in ZIP Code 63631 is between $500 and $999 per month. About 100.0% of renters in 63631 pay in this range for monthly rent. In comparison, approximately 56.1% of renters in the state of Missouri fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 63631 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 63631 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 0.0% in ZIP Code 63631 is about 100% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Caledonia, MO region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 63631? How does it compare to other Missouri regions?

Median household income in ZIP Code 63631 is higher than in the state of Missouri overall. Annual household income of $61,068 in ZIP Code 63631 is about 10% higher than the Missouri median of $55,461. Additionally, median household income in this Caledonia, MO region ($61,068) is approximately 3% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 63631 spend on housing costs?

Renters in ZIP Code 63631 spend a lower amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 63631 spend an estimated 22.88% of their income on rent payments, which is about 20% lower than the overall Missouri estimated rate of 28.54%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 23% higher than the ZIP Code 63631 estimated rate of 22.88%.
9

Do renters in ZIP Code 63631 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 63631 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 63631 spending 30 percent or more of their income on rent costs (8.7%) is approximately 81% lower than the Missouri rate of 45% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 82% higher than the aforementioned 63631 rate of 8.7%.
10

What is the average household size of renter-occupied units in ZIP Code 63631?

The average household size of renter-occupied units in ZIP Code 63631 is higher than in the state of Missouri overall. Annual household size of 2.76 in ZIP Code 63631 is about 23% higher than the Missouri median of 2.25. Additionally, median household size in this Caledonia, MO region (2.76) is approximately 11% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes