Counties / Missouri / Saline County

Saline County, MO

FIPS 29195 · population 23,231 · outside every metro area

$184k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$184k
▲ 6.2% year over year
Zillow ZHVI · direct
ACS median gross rent
$739
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$888
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+67.8%not annualized · through 2025
0%ZILLOW ZHVI2026-06+6.2%FHFA HPI2025+13.6%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$151k
Surveyed gross rent$739
Rent burden 30%+49.5%
Median year built1970
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
17.9%vacant
9,813estimated housing units
Occupied tenure30.2% renter
owner 69.8%renter 30.2%
Structure mix78.8% single-family
Single-family 78.8%20+ units 2.3%Mobile home 8.2%Other 10.6%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs8,827▼ 0.6% from the prior annual release
Covered establishments674annual average reporting locations
Average weekly wage$916▲ 3.6% from the prior annual release
Largest private supersectorManufacturing29.5% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.6%WEEKLY WAGE+3.6%Manufacturing29.5%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Saline County’s tension is price appreciation versus an unproven income case. Investors able to verify rents, flood exposure and resale liquidity should investigate; buyers needing immediately demonstrated yield should be cautious. Zillow’s 2026-06 county median home value was $183,945, up 6.24% year over year. FHFA’s separately labeled 2025 annual repeat-transaction HPI rose 13.61%. It is an index, not a home value; its method and period cannot be averaged with Zillow into one growth rate.

02Housing economics

Measured market rent is not published, so gross yield cannot be computed. HUD’s two-bedroom FMR is $888 per month, but it is a payment standard, not asking rent, and cannot replace it. The effective property-tax rate is 0.78%, with median annual tax of $1,177. Inland flood is the dominant hazard; modeled expected building-value loss is 0.12% per year. Address-level insurance, tax-bill and elevation review is necessary before underwriting carrying costs.

03Demand & competition

Realtor.com’s MLS evidence shows more visible supply, not closed-sale demand: active listings rose 62.37% year over year, median marketing time was 60 days, and 14.20% of listings were price-reduced. Migration was negative by 13 tax-return households, while a calculated AGI gap showed outbound movers above inbound movers by $2,731. Investor-financed non-owner purchases were 18.80% of 234 purchases. QCEW reports declining annual covered workplace employment; Manufacturing is the largest disclosed private supersector, not the whole economy. Supply, mover economics, and investor participation require property-level absorption assumptions.

04Risk & next checks

County evidence cannot establish achieved rent, vacancy, lease renewal, operating expenses, insurance premium, flood-zone status, property condition, or sale-comp liquidity. Those gaps prevent a gross-yield calculation, a reliable net-income view, and confirmation that MLS asking-market conditions translate into a specific exit price. Next checks are current market-rent comps and leases, property-specific flood and insurance records, tax assessments, and comparable closed sales; QCEW is workplace coverage, not resident employment, unemployment, or a forecast.

Cities & communities

Where people live within Saline County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Marshall city13.7KSlater city2.1KSweet Springs city1.3KGilliam city324Emma city*270Blackburn city*240Malta Bend town211Nelson city124
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

12 Census places

Population
  1. 01
    Marshall cityIncorporated place
    13,739
  2. 02
    Slater cityIncorporated place
    2,066
  3. 03
    Sweet Springs cityIncorporated place
    1,268
  4. 04
    Gilliam cityIncorporated place
    324
  5. 05
    Emma cityIncorporated place · spans 2 counties
    270
  6. 06
    Blackburn cityIncorporated place · spans 2 counties
    240
  7. 07
    Malta Bend townIncorporated place
    211
  8. 08
    Nelson cityIncorporated place
    124
  9. 09
    Miami cityIncorporated place
    71
  10. 10
    Arrow Rock townIncorporated place
    65
  11. 11
    Mount Leonard townIncorporated place
    52
  12. 12
    Grand Pass villageIncorporated place
    48

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.117% of building value expected lost per year

Effective property tax0.78%

$1,177 median annual bill

02
DemandIRS SOI household flows
Net migration-13

470 in · 483 out

Arriving vs leaving income−$2,731

$41,687 arriving · $44,418 leaving

03
CompetitionHMDA financed purchases
Purchases by investors18.8%

44 of 234 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings76▲ 62.4% year over year
Median days on market60▲ 12.8% year over year
Listings price-reduced14.2%seller-concession signal
Median listing pricen/a▲ 13.6% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Property-specific flood exposure and insurance costs could differ materially from the county modeled-loss figure.
  2. Unpublished market rent, vacancy, and operating expenses could leave property income unsupported.
  3. County-level MLS and workplace-employment evidence may not represent the target neighborhood’s resale or tenant conditions.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

No. Market rent is not published, and HUD FMR cannot substitute for market rent.

What does the FHFA HPI measure in this record?

It is a repeat-transaction appreciation index, not a dollar home value.

What does QCEW employment represent?

Annual covered jobs located at workplaces in the county, not resident employment, unemployment, or a forecast.