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Kingman

Learn about the people, housing, costs and businesses in Kingman, Indiana

Median Home$130,000
Median Rent$845/month
Population525
Leading IndustriesRetail · Public Administration · Wholesale Trade19% retail
Home Value Growth⬆⬆⬆+44.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$130k median home · lower cost than 81% of the country
Kingman
IN

Frequently Asked Questions

What are today's mortgage rates in Kingman?

As of today, the 30-year fixed mortgage rate for Kingman is approximately 6.973% (7.015% 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 Kingman?

The median home value in Kingman is $130k. The median monthly rent is $845. Annual property taxes average $808. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kingman?

Home values in Kingman have increased 44.2% 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 Kingman?

Based on a typical all-in ownership cost of $674/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kingman is $58k/year.

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What industries drive the economy in Kingman?

The largest employment sectors in Kingman are public administration (27%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.