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Wakarusa

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

Median Home$299,900
Median Rent$1,164/month
Population249
Leading IndustriesPublic Administration · Education · Information & Media34% public administration
Home Value Growth+6.1% over 2 years
Retirees30% of residentswell above average
Homeowners93% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$92k/year · top 23% nationally
Wakarusa
KS

Frequently Asked Questions

What are today's mortgage rates in Wakarusa?

As of today, the 30-year fixed mortgage rate for Wakarusa is approximately 6.938% (6.976% 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 Wakarusa?

The median home value in Wakarusa is $300k. The median monthly rent is $1,164. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wakarusa?

Home values in Wakarusa have increased 6.1% over the past two years. This represents moderate growth. 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 Wakarusa?

Based on a typical all-in ownership cost of $1,198/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wakarusa is $92k/year.

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What industries drive the economy in Wakarusa?

The largest employment sectors in Wakarusa are public administration (34%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.