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Kansas

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

Median Home$124,600
Median Rent$749/month
Population646
Leading IndustriesPublic Administration · Construction · Manufacturing30% public administration
Home Value Growth-1.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners86% of occupied units
NotableAffordable Market$125k median home · lower cost than 82% of the country
Kansas
IL

Frequently Asked Questions

What are today's mortgage rates in Kansas?

As of today, the 30-year fixed mortgage rate for Kansas is approximately 7.073% (7.084% 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 Kansas?

The median home value in Kansas is $125k. The median monthly rent is $749. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kansas?

Home values in Kansas have decreased 1.3% over the past two years. Buyers may find more negotiating room in this market. 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 Kansas?

Based on a typical all-in ownership cost of $857/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kansas is $73k/year.

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What industries drive the economy in Kansas?

The largest employment sectors in Kansas are public administration (30%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.