Cost of Living in Greenwood County, Kansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Greenwood County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Greenwood County ranks #1,639 of 3,144 counties for affordability (bottom 48%)
Data Story
About Cost of Living in Greenwood County, Kansas
Greenwood renters stay near national norms
At 14.6%, Greenwood County's rent-to-income ratio edges just above the national 12-14% comfort zone, despite below-average incomes of $58,276 versus the national $74,755. Renters here dedicate roughly $8,640 annually to housing costs.
Right at Kansas affordability average
Greenwood County's 14.6% rent-to-income ratio virtually matches Kansas's state average of 14.7%, placing it squarely in the middle of affordability performance statewide. Monthly rent of $710 is $77 below the state median, reflecting the county's rural character.
Competitive with nearby rural counties
Greenwood's $710 rent mirrors Harper ($693) and Graham ($726), but Greenwood's $58,276 income falls between them, resulting in a 14.6% ratio. Compared to more prosperous Grant County ($696 rent, 11.5% ratio) or Gray County ($833 rent, 12.8% ratio), Greenwood offers budget accessibility with trade-offs in income stability.
Ownership saves money monthly
Monthly owner costs ($637) undercut rent ($710) by $73, though renters still dominate the ratio game at 14.6% versus an implied 13.2% for owners. Homes value at just $82,600, the second-lowest in the region, making ownership entry accessible even on Greenwood's modest incomes.
Value-first option for cautious movers
Greenwood County's sub-$83,000 home values and $637 monthly ownership costs appeal to those prioritizing low prices over income potential. If stability matters more than growth and you're comfortable with $58,000-range household earnings, Greenwood delivers straightforward affordability without high-income requirements.
Cost of Living Advisory: Greenwood County
Affordability Verdict
For renters in Greenwood County, the market is affordable. Expect to pay around $710/month in gross rent, with 22.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Greenwood County is $710/month, while owner costs run $637/month. Owning saves approximately $73/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,400/year. For owner costs at the 28% rule, the required income is roughly $27,300/year. With a median household income of $58,276, most households can comfortably afford rent here. Notably, 22.0% of renter households in Greenwood County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Mitchell County where rent averages $653/month, Greenwood County is approximately 9% more expensive.
Affordability Calculator
See how your income compares to housing costs in Greenwood County
Rent Burden
14.6%
of gross income
Max Housing (28% Rule)
$1,360
per month
Owner Cost Burden
13.1%
of gross income
You can likely afford the median home in Greenwood County
Median home value is $82,600. Estimated monthly cost: $659 vs. your max of $1,360.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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