Vest township Missouri Area Home Supply Charts

This page looks at a variety of Vest township Missouri housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Vest township depicts it has a housing units of 112 which is less than most other places in the local area.

Figure 2 illustrates the housing density in the Vest township housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Vest township depicts it has a housing density of 3.2 which is the smallest when ranked by housing density of all the other places in the greater region. The city with the highest housing density in the area is Memphis which depicts a density of 652.0 ( considerably bigger). Comparing housing density to the United States average of 38.6, Vest township is approximately a twelfth the size. Also, compared to the state of Missouri, housing density of 40.4, Vest township is approximately a twelfth the size.

In Figure 4, Vest township area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Vest township shows it has a change in the housing units of 9.8% which is the third most housing units of all other places in the greater Vest township region. The city with the highest change in the housing units in the area is Downing which shows a housing units of 22.6% (approximately 2.3 times bigger). Comparing change in the housing units to the United States average of 4.9%, Vest township is about twice as large. Also, measured against the state of Missouri, change in the housing units of 2.3%, Vest township is approximately 4.2 times bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Vest township depicts it has a renter percent of 8.0% which is the smallest in order of renter percent of all the other places in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 92.0% which is more than all other places in the metro area.

Vest township Missouri Home Cost Charts

Looking at the housing data provided in Figure 7, the average Vest township home price is illustrated for this community and a useful analysis of affordable housing. Vest township shows it has a median home price of $232,700 which is the highest of all places in the greater Vest township region.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Vest township has the percentage of home price worth between $50,000 to $100,000 the second smallest when sorted by home price worth less than $50,000 of all the other places in the metro area at 12% of the total. Second, it has the largest proportion of home price worth between $200,000 to $300,000 at 71% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Vest township depicts it has a median ownership cost of $1,250 which is the largest of all places in the greater Vest township region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Vest township metro area. it has a cost as a percent of household income of 14% which is the third most of all other places in the metropolitan area. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Vest township shows it has a median home value as a percent of median worker earnings of 486% which is ranked #1 of all places in the greater Vest township region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Vest township shows it has a median housing cost of $1,295 which is the most of all places in the greater Vest township region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Vest township has the percentage of owner cost between $500 and $700 the second smallest in order of owner cost less than $300 of all the other places in the surrounding region at 10% of the total. Second, it has the largest proportion of owner cost between $700 and $1,000 at 34% of the total and is ranked #1. Third, it has the largest proportion of owner cost between $1,000 and $1,500 at 34% of the total and is ranked #1. Also, it has the largest proportion of owner cost between $1,500 and $2,000 at 22% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Vest township depicts it has a cost as a percent of household income of 14% which is less than most other places in the local area. The city with the highest cost as a percent of household income in the area is Lancaster which indicates a cost as a percent of household income of 22% (61.6% larger).

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Vest township has the smallest proportion of housing cost between $500 and $700 at 9% of the total. Second, it has the largest proportion of housing cost between $700 and $1,000 at 31% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $1,000 and $1,500 at 31% of the total and is ranked #1. Also, it has the largest proportion of housing cost between $1,500 and $2,000 at 21% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $1,088 which is ranked #1 of all places in the greater Vest township region. Comparing median real estate taxes paid to the United States average of $2,375, Vest township is approximately half the size. Also, compared to the state of Missouri, median real estate taxes paid of $1,470, Vest township is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Vest township Missouri. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Vest township has the largest proportion of utilities included in rent at 100% of the total and is ranked #1.

Vest township Missouri Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Vest township has the largest proportion of with mortgage at 90% of the total and is ranked #1. Second, it has the largest proportion of no 2nd mortgage and no heloc at 90% of the total and is ranked #1. Third, it has the smallest proportion of no mortgage at 10% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Vest township has the largest proportion of houses with mortgages at 90% of the total and is ranked #1. Second, it has the smallest proportion of houses without mortgages at 10% of the total.

Vest township Missouri Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 2.4 which is the smallest in order of family members per housing unit of all the other places in the local area. The city with the highest family members per housing unit in the area is Lancaster which shows a family members per housing unit of 4.0 (70.4% larger). Comparing family members per housing unit to the United States average of 3.3, Vest township is approximately three-fourths the size. Also, measured against the state of Missouri, family members per housing unit of 3.1, Vest township is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 4.8 which is the smallest when ranked by average number of rooms in a house of all the other places in the metropolitan area. The city with the highest average number of rooms in a house in the area is Pulaski which depicts an average number of rooms in a house of 6.3 (31.2% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a year built of 1986 which is more than all other places in the greater Vest township region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2000 to 2009 at 27% of the total and is ranked #1. Second, it has one of the largest proportions of homes built between 1990 to 1999 at 17% of the total and is ranked #2. The only larger city being Baring with 19%. Third, it has the smallest proportion of homes built between 1939 or earlier at 21% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other places in the greater region at 80 of the total. Second, it has the smallest proportion of renter housing units at 7 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of mobile home at 34% of the total and is ranked #1.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 78% of the total and is ranked #3. Only #2 Memphis (81%), and #1 Pulaski (90%) are larger. Second, it has less than most other places in the surrounding region when sorted by vacant housing units at 22% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Vest township residents. it has a homeowner household size of 2.2 which is the second smallest when sorted by homeowner household size of all the other places in the local area. The city with the highest homeowner household size in the area is Baring which shows a homeowner household size of 3.2 (45.1% larger).

Figure 37 shows the household size for renters. Vest township depicts it has a renter household size of 1.9 which is in the middle range of other places in the local area. The city with the highest renter household size in the area is Lancaster which depicts a renter household sizes of 3.3 (76.9% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2017 or later at 7% of the total and is ranked #1. Second, it has the largest proportion of owners moved in 2000 to 2009 at 88% of the total and is ranked #1. Third, it has the smallest proportion of owners moved in 1989 or earlier at 4% of the total. Figure 39 shows the year that people who rent moved into the area. Vest township has the largest proportion of renters moved in 2010 to 2014 at 100% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 2005 which is the second most median year that a home owner moved in of all the places in the greater Vest township region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of home using bottled, tank, or lp gas at 91% of the total and is ranked #1. Second, it has less than most other places in the metro area when ranked by home using electricity at 9% of the total.