64867, Stella, MO

Stella, Missouri is located in the 64867 zip code. According to the 2010 census, Stella has a population of 1,898. The median household income in Stella is $50,000 and the median family income is $60,000. The percentage of households that are below the poverty line is 2%.

The home equity and home prices in Stella are very high compared to other areas of Missouri. In 2010, the median home value in Stella was $181,500. This is more than double the state median home value of $106,800 and more than triple the national median home value of $130,000. Additionally, the percentage of homes that are worth more than their original purchase price is also high in Stella. In 2010, 54% of homes in Stella were worth more than their original purchase price. This compares to 33% of homes nationwide and 31% of homes in Missouri.

One reason for this high level of home equity and home prices may be due to the fact that there are relatively few housing options available in Stella. Only 5% of households living in Stella own their own homes while 85% rent apartments or houses from private landlords. This lack of homeownership may make it difficult for people to sell their homes or borrow against them if they need to downsize or move out of town. Additionally, many people who live in Stella may be able to afford these high levels of home equity because they have jobs with good salaries or have inherited money or property from family members who can afford it.