Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Paola

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

Median Home$220,773
Median Rent$1,093/month
Population5,768
Leading IndustriesTransportation · Healthcare · Education4% transportation
Home Value Growth⬆⬆+17.2% over 2 years
Retirees27% of residentsabove average nationally
Homeowners66% of occupied units
Paola
KS

Frequently Asked Questions

What are today's mortgage rates in Paola?

As of today, the 30-year fixed mortgage rate for Paola is approximately 6.999% (7.039% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Paola
What is the median home price in Paola?

The median home value in Paola is $221k. The median monthly rent is $1,093. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paola?

Home values in Paola have increased 17.2% 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 Paola?

Based on a typical all-in ownership cost of $1,154/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paola is $76k/year.

Calculate your buying power
What industries drive the economy in Paola?

The largest employment sectors in Paola are public administration (19%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.