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Topeka

Learn about the people, housing, costs and businesses in Topeka

Median Home$183,634
Median Rent$1,020/month
Population232,468
Leading IndustryInformation & Media7% of local workforce
Home Value Growth⬆⬆+16.3% over 2 years
Retirees20% of residentsslightly above average
Homeowners70% of occupied units
NotableAffordable Market$184k median home · lower cost than 87% of the country
NotableVeteran Community8% of residents · top 28% nationally
Topeka

Frequently Asked Questions

What are today's mortgage rates in Topeka?

Mortgage rates for Topeka are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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

The median home value in Topeka is $184k. The median monthly rent is $1,020. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Topeka?

Home values in Topeka have increased 16.3% 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 Topeka?

Based on a typical all-in ownership cost of $1,056/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Topeka is $74k/year.

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What industries drive the economy in Topeka?

The largest employment sectors in Topeka are public administration (25%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.