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Herington

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

Median Home$90,100
Median Rent$945/month
Population2,191
Leading IndustriesFinance & Insurance · Retail · Transportation7% finance & insurance
Home Value Growth⬆⬆+15.3% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners65% of occupied units
NotableTransit92/100 · excellent transit access
NotableAmenity Score76/100 · highly walkable area
Herington
KS

Frequently Asked Questions

What are today's mortgage rates in Herington?

As of today, the 30-year fixed mortgage rate for Herington is approximately 6.992% (7.032% 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 Herington?

The median home value in Herington is $90k. The median monthly rent is $945. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herington?

Home values in Herington have increased 15.3% 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 Herington?

Based on a typical all-in ownership cost of $900/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herington is $71k/year.

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What industries drive the economy in Herington?

The largest employment sectors in Herington are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.