Affordability evidence

Wichita, KS home values, income, and owner costs

A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Wichita, KS.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

House models, keys, and documents arranged for real estate planning
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In Wichita, KS, the 2024 ACS reports a median owner-occupied home value of $190,800, median household income of $64,620, and median selected monthly owner costs of $1,480 for owners with a mortgage. For the decision at hand, together, those three reference points can still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,480 measure combines recurring ownership expenses in place of real estate taxes alone. In practical terms, a useful affordability review starts with $190,800, $64,620, and $1,480, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Wichita, KS's $190,800 median home-value estimate is below the statewide $217,200 estimate, with a reported city-to-state gap of 12.2%.