What income do you need to buy a house in New Franklin, MO?

It takes about $57,000/yr to afford the typical New Franklin, MO home ($198K, -0.8% past year) at today's rates. Starter homes run around $117K. See if you can afford a house in New Franklin (2026 data) — free, no signup.

Market snapshot (2026-07)

• Income needed to buy the typical home: about $57,000/yr (28% front-end ratio, 20% down, 6.76% 30-yr fixed, MO property tax and insurance)
• Typical home value: $198K (Zillow ZHVI, 2026-07)
• 1-year change: -0.8%
• Bottom 35% of homes: $117K
• Top 35% of homes start around: $390K
• Median household income: $55K
• Price-to-income ratio: 3.6
• Estimated payment on the typical home: $1,027/mo principal & interest (20% down, 6.76% 30-yr fixed)

Nearby housing markets

• Boonville, MO — typical home $200K
• Columbia, MO — typical home $328K
• Marshall, MO — typical home $190K
• Moberly, MO — typical home $162K
• Sedalia, MO — typical home $185K
• Jefferson City, MO — typical home $280K

The most affordable cities to buy a house in Missouri

Home values are Zillow Group public data (ZHVI, updated monthly); income and population are US Census Bureau ACS 5-year estimates. Estimates only — not financial advice.

i wanna buy a house .com — type a city, see its market, find out what you can afford.