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Scranton

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

Median Home$109,200
Median Rent$766/month
Population667
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade11% information & media
Home Value Growth⬆⬆+12.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners80% of occupied units
NotableAffordable Market$109k median home · lower cost than 89% of the country
Scranton
KS

Frequently Asked Questions

What are today's mortgage rates in Scranton?

As of today, the 30-year fixed mortgage rate for Scranton is approximately 6.958% (6.999% 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 Scranton?

The median home value in Scranton is $109k. The median monthly rent is $766. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scranton?

Home values in Scranton have increased 12.3% 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 Scranton?

Based on a typical all-in ownership cost of $910/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 Scranton is $62k/year.

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What industries drive the economy in Scranton?

The largest employment sectors in Scranton are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.