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Wamego

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

Median Home$199,495
Median Rent$849/month
Population4,998
Leading IndustriesRetail · Construction · Agriculture & Mining17% retail
Home Value Growth+8.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners79% of occupied units
NotableHigh Incomes$99k/year · top 18% nationally
NotableVeteran Community9% of residents · top 22% nationally
Wamego
KS

Frequently Asked Questions

What are today's mortgage rates in Wamego?

As of today, the 30-year fixed mortgage rate for Wamego is approximately 6.975% (7.017% 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 Wamego?

The median home value in Wamego is $199k. The median monthly rent is $849. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wamego?

Home values in Wamego have increased 8.3% 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 Wamego?

Based on a typical all-in ownership cost of $1,033/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wamego is $99k/year.

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What industries drive the economy in Wamego?

The largest employment sectors in Wamego are public administration (25%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.