Total monthly cost of ownership
Cost to Own a Home in Hallsville, Missouri
A $167,000 home here costs
$1,514per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $65,000 a year.
A standard mortgage calculator would have told you $918. The real number is $596 higher every month, 65% more than the payment most buyers budget for.
Compare Boone County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Hallsville from a five-year rolling sample, and with about 2,049 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Boone County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hallsville against Boone County and Missouri
| Measure | Hallsville | Boone County |
|---|---|---|
| Median home value | $167,000 | $254,100 |
| Median property tax | $1,698 | $2,232 |
| Effective tax rate | 1.017% | 0.878% |
| Median gross rent | $989 | $1,060 |
| Population | 2,049 | 185,874 |
The weather behind that power bill
Hallsville sits in Boone County, which averages a high of 88.6°F in its hottest month and a low of 22.5°F in its coldest, with 44.82" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,487 cooling and 4,668 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Boone County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Boone County
Talk to someone who works this market
These are Hallsville averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Hallsville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hallsville I already own here and may sell
Common questions
How much does it cost to own a home in Hallsville?
A $167,000 home in Hallsville, Missouri costs approximately $1,514 per month with 20% down at 7.32%. That is $918 principal and interest, $142 property tax, $87 homeowners insurance, $228 utilities and $139 set aside for maintenance.
What is the property tax rate in Hallsville?
Hallsville has an effective property tax rate of 1.017%, based on a median home value of $167,000 and median real estate taxes of $1,698. That is higher than the Boone County average of 0.878%.
What is the average home price in Hallsville?
The median owner-occupied home value in Hallsville, Missouri is $167,000, against $254,100 across Boone County.
Is it cheaper to rent or buy in Hallsville?
Median gross rent in Hallsville is $989 a month, against $1,514 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Hallsville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hallsville, Missouri at today's rate takes a household income of roughly $65,000 a year. That covers the full $1,514 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hallsville, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.