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Neosho Rapids

Learn about the people, housing, costs and businesses in Neosho Rapids, Kansas

Median Home$189,400
Median Rent$829/month
Population228
Leading IndustriesManufacturing · Information & Media · Education3% manufacturing
Home Value Growth⬆⬆⬆+22.2% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Neosho Rapids
KS

Frequently Asked Questions

What are today's mortgage rates in Neosho Rapids?

As of today, the 30-year fixed mortgage rate for Neosho Rapids is approximately 6.887% (6.923% 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 Neosho Rapids?

The median home value in Neosho Rapids is $189k. The median monthly rent is $829. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Neosho Rapids?

Home values in Neosho Rapids have increased 22.2% 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 Neosho Rapids?

Based on a typical all-in ownership cost of $1,023/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Neosho Rapids is $79k/year.

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What industries drive the economy in Neosho Rapids?

The largest employment sectors in Neosho Rapids are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.