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Elbing

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

Median Home$169,200
Median Rent$1,079/month
Population210
Leading IndustryFinance & Insurance5% of local workforce
Home Value Growth⬆⬆+18.4% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners90% of occupied units
Elbing
KS

Frequently Asked Questions

What are today's mortgage rates in Elbing?

As of today, the 30-year fixed mortgage rate for Elbing is approximately 7.030% (7.074% 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 Elbing?

The median home value in Elbing is $169k. The median monthly rent is $1,079. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elbing?

Home values in Elbing have increased 18.4% 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 Elbing?

Based on a typical all-in ownership cost of $1,130/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elbing is $82k/year.

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What industries drive the economy in Elbing?

The largest employment sectors in Elbing are public administration (24%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.