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Rental Insights for ZIP Code 65745 (Seligman, MO)

Housing Rentals in ZIP Code 65745 (Seligman, MO)

65745 ZIP Code in Missouri

A Detailed Housing Rental Snapshot of the ZIP Code 65745

ZIP Code 65745 is principally located in Seligman, MO in Barry County. The median housing rent payment in this region of Missouri is $657 per month. Approximately 31.7% of housing units in this Barry County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 4.3%.

The median rent in ZIP Code 65745 of $657 per month is 21% lower than the aggregate Missouri median monthly rent of $830, and is 38% lower than the $1,062 the median monthly rent in the U.S. overall. About 75.8% of residents in ZIP Code 65745 pay between $500 and $999 per month for rent. That is 35% higher than in Missouri overall, in which 56.1% of total state residents pay between $500 and $999 per month for housing. Only 24.2% of renters in this Seligman, MO region pay less than $500 per month for rent.

ZIP Code 65745 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 65745

See the chart below for a comparison of monthly rental costs in ZIP Code 65745, Missouri, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 65745 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 65745

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

Cost ZIP 65745 Missouri U.S.
Less than $500 24.2% 12.8% 9.4%
$500 to $999 75.8% 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 65745

Renters in ZIP Code 65745 use an estimated 30.03% of their income to cover their monthly rent payments. That is about 5% higher 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 65745 renters use about 1% more of their income to cover rent expense. Household income figures for ZIP Code 65745 come in lower than in Missouri as a whole. The median annual household income in ZIP Code 65745 of $30,743 sits approximately 45% lower than the overall Missouri median income of $55,461 and approximately 51% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 65745

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 65745, 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 65745 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 65745

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

Rent Cost as % of Income ZIP 65745 Missouri U.S.
Less than 15.0 percent 13.7% 15.4% 13.1%
15.0 to 19.9 percent 5.3% 14.7% 12.9%
20.0 to 24.9 percent 22.8% 13.3% 12.9%
25.0 to 29.9 percent 7.7% 11.5% 11.6%
30.0 to 34.9 percent 10.2% 8.5% 9.1%
35.0 percent or more 40.4% 36.5% 40.5%

Household Income in ZIP Code 65745

See the table below for the regional comparison of annual household income in ZIP Code 65745.

Income ZIP 65745 Missouri U.S.
Less than $10,000 12.4% 6.2% 6.0%
$10,000 to $14,999 5.6% 4.6% 4.3%
$15,000 to $24,999 20.1% 10.1% 8.9%
$25,000 to $34,999 17.7% 10.2% 8.9%
$35,000 to $49,999 10.1% 14.0% 12.3%
$50,000 to $74,999 10.7% 18.5% 17.2%
$75,000 to $99,999 8.6% 12.7% 12.7%
$100,000 to $149,999 11.6% 13.6% 15.1%
$150,000 to $199,999 2.4% 5.1% 6.8%
$200,000 or more 0.6% 4.8% 7.7%

Household Income in ZIP Code 65745

See the chart below for a comparison of annual household income figures in ZIP Code 65745, Missouri, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 65745 alongside the same figures for the state of Missouri and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 65745

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 65745.

ZIP 65745 Missouri U.S.
Median Housing Rent $657 $830 $1,062
Renter-Occupied Housing Units 31.7% 33.2% 36.0%
Rental Vacancy Rate 4.3% 6.3% 6.0%
Average Size of Renter-Occupied Unit 3.13 2.25 2.49
Average # of Bedrooms Per Unit 2.6 2.77 2.75
Percent of Income Spent on Rent 30.03% 28.54% 29.83%
Per Capita Income $18,920 $30,810 $34,103
Median Household Income $47,120 $76,060 $88,607
Living Below the Poverty Line 19.6% 9.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 65745

In ZIP Code 65745 (Seligman, MO), and estimated 31.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.3%.

The per capita income in 65745 is estimated at $18,920, which goes along with an estimated median household income of $47,120. About 19.6% of residents in this Barry County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.13 occupants, while the units have an aggregate average size of 2.6 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.03% of their income on housing rental costs.

Rental FAQs for ZIP Code 65745

1

What is the median monthly rent in ZIP Code 65745?

Median rent for housing in ZIP Code 65745 in Barry County in Missouri is approximately $657 per month.
2

Is it expensive to rent in ZIP Code 65745?

Rent in ZIP Code 65745 is lower than average in the state of Missouri overall. The median monthly rent of $657 in ZIP Code 65745 is approximately 21% lower than the Missouri median of $830. Additionally, median rent in this Seligman, MO region ($657) is about 38% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 65745?

High-priced rentals are not common in the Seligman, MO ZIP Code of 65745, 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 65745?

Affordable rentals are more common in ZIP Code 65745 than in Missouri overall. The percentage of housing rentals in ZIP Code 65745 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 65745 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 65745?

The most common range for rental cost in ZIP Code 65745 is between $500 and $999 per month. About 75.8% of renters in 65745 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 65745 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 65745 is lower than the rental vacancy rate in the state of Missouri overall. Rental vacancy of 4.3% in ZIP Code 65745 is about 32% lower than the Missouri rate of 6.3%. Looking more broadly, rental vacancy in this Seligman, MO region (4.3%) is an estimated 28% 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 65745? How does it compare to other Missouri regions?

Median household income in ZIP Code 65745 is lower than in the state of Missouri overall. Annual household income of $30,743 in ZIP Code 65745 is about 45% lower than the Missouri median of $55,461. Additionally, median household income in this Seligman, MO region ($30,743) is approximately 51% 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 65745 spend on housing costs?

Renters in ZIP Code 65745 spend a higher amount of their income on rent costs than do renters in Missouri overall. Renters in ZIP Code 65745 spend an estimated 30.03% of their income on rent payments, which is about 5% higher 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 1% lower than the ZIP Code 65745 estimated rate of 30.03%.
9

Do renters in ZIP Code 65745 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 65745 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 65745 spending 30 percent or more of their income on rent costs (50.6%) is approximately 12% higher 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 2% lower than the aforementioned 65745 rate of 50.6%.
10

What is the average household size of renter-occupied units in ZIP Code 65745?

The average household size of renter-occupied units in ZIP Code 65745 is higher than in the state of Missouri overall. Annual household size of 3.13 in ZIP Code 65745 is about 39% higher than the Missouri median of 2.25. Additionally, median household size in this Seligman, MO region (3.13) is approximately 26% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Missouri ZIP Codes