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Rental Insights for ZIP Code 65323 (Calhoun, MO)

Housing Rentals in ZIP Code 65323 (Calhoun, MO)

65323 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 65323

ZIP Code 65323 is principally located in Calhoun, MO in Henry County. The median housing rent payment in this region of Missouri is $470 per month. Approximately 14.2% of housing units in the region are renter-occupied, and this this Henry County ZIP Code has an estimated rental vacancy rate of 1.8%.

The median rent in ZIP Code 65323 of $470 per month is 43% lower than the aggregate Missouri median monthly rent of $830, and is 56% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 56.0% of residents in ZIP Code 65323 pay less than $500 per month for rent. That is 338% higher than in Missouri overall, in which 12.8% of total state residents pay less than $500 per month for housing. Only 6.0% of ZIP Code 65323 renters pay between $1,000 and $1,499 for monthly rent.

ZIP Code 65323 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 65323

See the chart below for a comparison of monthly rental costs in ZIP Code 65323, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 65323 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 65323

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

Cost ZIP 65323 Missouri U.S.
Less than $500 56.0% 12.8% 9.4%
$500 to $999 38.0% 56.1% 36.2%
$1,000 to $1,499 6.0% 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 65323

Renters in ZIP Code 65323 use an estimated 25.83% of their income to cover their monthly rent payments. That is about 9% 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 65323 renters use about 13% less of their income to cover rent expense. Household income figures for ZIP Code 65323 come in lower than in Missouri as a whole. The median annual household income in ZIP Code 65323 of $51,210 sits approximately 8% lower than the overall Missouri median income of $55,461 and approximately 19% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 65323

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 65323, 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 65323 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 65323

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

Rent Cost as % of Income ZIP 65323 Missouri U.S.
Less than 15.0 percent 18.8% 15.4% 13.1%
15.0 to 19.9 percent 14.6% 14.7% 12.9%
20.0 to 24.9 percent 27.1% 13.3% 12.9%
25.0 to 29.9 percent 6.3% 11.5% 11.6%
30.0 to 34.9 percent 6.3% 8.5% 9.1%
35.0 percent or more 27.1% 36.5% 40.5%

Household Income in ZIP Code 65323

See the table below for the regional comparison of annual household income in ZIP Code 65323.

Income ZIP 65323 Missouri U.S.
Less than $10,000 3.0% 6.2% 6.0%
$10,000 to $14,999 6.6% 4.6% 4.3%
$15,000 to $24,999 8.6% 10.1% 8.9%
$25,000 to $34,999 18.0% 10.2% 8.9%
$35,000 to $49,999 9.9% 14.0% 12.3%
$50,000 to $74,999 32.7% 18.5% 17.2%
$75,000 to $99,999 9.6% 12.7% 12.7%
$100,000 to $149,999 10.2% 13.6% 15.1%
$150,000 to $199,999 0.3% 5.1% 6.8%
$200,000 or more 1.0% 4.8% 7.7%

Household Income in ZIP Code 65323

See the chart below for a comparison of annual household income figures in ZIP Code 65323, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 65323 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 65323

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 65323.

ZIP 65323 Missouri U.S.
Median Housing Rent $470 $830 $1,062
Renter-Occupied Housing Units 14.2% 33.2% 36.0%
Rental Vacancy Rate 1.8% 6.3% 6.0%
Average Size of Renter-Occupied Unit 1.70 2.25 2.49
Average # of Bedrooms Per Unit 2.69 2.77 2.75
Percent of Income Spent on Rent 25.83% 28.54% 29.83%
Per Capita Income $22,608 $30,810 $34,103
Median Household Income $54,211 $76,060 $88,607
Living Below the Poverty Line 11.6% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 65323

In ZIP Code 65323 (Calhoun, MO), and estimated 14.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 1.8%.

The per capita income in 65323 is estimated at $22,608, which goes along with an estimated median household income of $54,211. About 11.6% of residents in this Henry County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.70 occupants, while the units have an aggregate average size of 2.69 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.83% of their income on housing rental costs.

Rental FAQs for ZIP Code 65323

1

What is the median monthly rent in ZIP Code 65323?

Median rent for housing in ZIP Code 65323 in Henry County in Missouri is approximately $470 per month.
2

Is it expensive to rent in ZIP Code 65323?

Rent in ZIP Code 65323 is lower than average in the state of Missouri overall. The median monthly rent of $470 in ZIP Code 65323 is approximately 43% lower than the Missouri median of $830. Additionally, median rent in this Calhoun, MO region ($470) is about 56% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 65323?

High-priced rentals are not common in the Calhoun, MO ZIP Code of 65323, 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 65323?

Affordable rentals are more common in ZIP Code 65323 than in Missouri overall. The percentage of housing rentals in ZIP Code 65323 costing $999 or less per month (94%) is approximately 36% 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 106% lower than the previously mentioned 65323 rate of 94%.
5

What is the most common cost range that rentals fall into in ZIP Code 65323?

The most common range for rental cost in ZIP Code 65323 is less than $500 per month. About 56.0% of renters in 65323 pay in this range for monthly rent. In comparison, approximately 12.8% of renters in the state of Missouri fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 65323 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 65323 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 1.8% in ZIP Code 65323 is about 71% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Calhoun, MO region (1.8%) is an estimated 70% 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 65323? How does it compare to other Missouri regions?

Median household income in ZIP Code 65323 is lower than in the state of Missouri overall. Annual household income of $51,210 in ZIP Code 65323 is about 8% lower than the Missouri median of $55,461. Additionally, median household income in this Calhoun, MO region ($51,210) is approximately 19% 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 65323 spend on housing costs?

Renters in ZIP Code 65323 spend a lower amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 65323 spend an estimated 25.83% of their income on rent payments, which is about 9% 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 13% higher than the ZIP Code 65323 estimated rate of 25.83%.
9

Do renters in ZIP Code 65323 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 65323 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 65323 spending 30 percent or more of their income on rent costs (33.4%) is approximately 26% 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 33% higher than the aforementioned 65323 rate of 33.4%.
10

What is the average household size of renter-occupied units in ZIP Code 65323?

The average household size of renter-occupied units in ZIP Code 65323 is lower than in the state of Missouri overall. Annual household size of 1.70 in ZIP Code 65323 is about 24% lower than the Missouri median of 2.25. Additionally, median household size in this Calhoun, MO region (1.70) is approximately 32% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes