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Damar

Learn about the people, housing, costs and businesses in Damar, Kansas

Median Home$106,700
Median Rent$597/month
Population108
Leading IndustriesHealthcare · Construction · Professional Services13% healthcare
Home Value Growth⬆⬆+17.7% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners78% of occupied units
NotableAffordable Market$107k median home · lower cost than 90% of the country
NotableTransit81/100 · excellent transit access
Damar
KS

Frequently Asked Questions

What are today's mortgage rates in Damar?

As of today, the 30-year fixed mortgage rate for Damar is approximately 6.850% (6.885% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Damar?

The median home value in Damar is $107k. The median monthly rent is $597. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Damar?

Home values in Damar have increased 17.7% 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 Damar?

Based on a typical all-in ownership cost of $647/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Damar is $63k/year.

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What industries drive the economy in Damar?

The largest employment sectors in Damar are public administration (19%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.