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Smolan

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

Median Home$185,600
Median Rent$954/month
Population161
Leading IndustriesRetail · Finance & Insurance20% retail
Home Value Growth⬆⬆+11.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$87k/year · top 28% nationally
Smolan
KS

Frequently Asked Questions

What are today's mortgage rates in Smolan?

As of today, the 30-year fixed mortgage rate for Smolan is approximately 7.049% (7.090% 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 Smolan?

The median home value in Smolan is $186k. The median monthly rent is $954. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Smolan?

Home values in Smolan have increased 11.9% 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 Smolan?

Based on a typical all-in ownership cost of $983/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Smolan is $87k/year.

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What industries drive the economy in Smolan?

The largest employment sectors in Smolan are retail (20%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.