65582, Vienna, MO

The 65582 zip code of Vienna, Missouri has a population of around 26,000 people. The median household income in this zip code is $75,000 which is higher than the national median household income of $53,046. The median home value in this zip code is $225,000 which is also higher than the national median home value of $177,500.

There are a total of 3,848 homes in the 65582 zip code and 1,914 of those homes are occupied. Of those occupied homes, 78% are owner-occupied while 22% are renter-occupied. This means that there is a greater percentage of owner-occupied homes in the 65582 zip code than there is renter-occupied homes. This could be due to the fact that more people in this zip code have incomes that allow them to afford to buy a home rather than rent one. Additionally, the average age of a home in the 65582 zip code is around 7 years old which is younger than the national average age of 11 years old. This could be indicative that more people in this zipcode are buying their first home rather than renting one for an extended period of time.

When it comes to mortgages in the 65582 zip code, there are 2 mortgage companies located within its boundaries - Quicken Loans and Wells Fargo Bank NA/WFC/AIG - both with approximately 1 lender for every 4 mortgages being issued within its boundaries each month on average. When it comes to interest rates on mortgages within this area - as well as across all ZIP codes within Missouri - they hover around 4%. This means that if you were looking to borrow money for a house purchase or refinancing your current mortgage loan in this area you would likely be able to find an interest rate that works for you and your specific situation.

Overall it can be said that homeownership rates and home values are high throughout much of Vienna and surrounding areas which could be why more people reside here versus renting instead. Additionally, with mortgage companies located near by and relatively low interest rates available homeownership may not seem like such a daunting task when compared to other areas where similar costs may apply such as Seattle or San Francisco where monthly rent can easily exceed what someone earning minimum wage would be able to afford without any help from family or friends