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Cheney Unified School District 268

Learn about the people, housing, costs and businesses in Cheney Unified School District 268, Kansas

Median Home$247,717
Median Rent$997/month
Population14,911
Leading IndustriesEducation · Retail · Wholesale Trade3% education
Home Value Growth⬆⬆+13.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners82% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
NotableHigh Incomes$88k/year · top 28% nationally
Cheney Unified School District 268
KS

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Frequently Asked Questions

What are today's mortgage rates in Cheney Unified School District 268?

As of today, the 30-year fixed mortgage rate for Cheney Unified School District 268 is approximately 6.924% (6.961% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Cheney Unified School District 268
What is the median home price in Cheney Unified School District 268?

The median home value in Cheney Unified School District 268 is $248k. The median monthly rent is $997. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cheney Unified School District 268?

Home values in Cheney Unified School District 268 have increased 13.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cheney Unified School District 268?

Based on a typical all-in ownership cost of $1,216/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cheney Unified School District 268 is $88k/year.

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What industries drive the economy in Cheney Unified School District 268?

The largest employment sectors in Cheney Unified School District 268 are retail (22%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.