Cost of Living in McPherson County, Kansas

$889/mo
Median Monthly Rent
$198,400
Median Home Value
13% above state averageUnaffordable

At a Glance

Median Monthly Rent
$889/mo
13% above state average
Median Home Value
$198,400
30% below national
Rent-to-Income Ratio
25.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How McPherson County Compares

Median monthly rent comparison

McPherson County$889/mo
Kansas Average$787/mo
National Median$1,163/mo

Detailed Housing Stats

$889/mo
Median Gross Rent
$198,400
Median Home Value
$1,066/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in McPherson County, Kansas

McPherson County balances higher incomes and costs

At 13.7%, McPherson County's rent-to-income ratio tracks just below the national norm, though housing itself costs more here—median rent stands at $889 versus the state average of $787. The county compensates with above-average household income of $77,701, $3,000 more than the national median, making higher costs manageable for most residents.

McPherson ranks mid-tier among Kansas counties

McPherson County's 13.7% rent-to-income ratio performs better than the state average of 14.7%, placing it solidly in the affordable range despite charging above-state-average rents. Higher incomes here offset premium housing prices, creating favorable affordability overall.

McPherson is the region's premium rental market

At $889 per month, McPherson County's median rent exceeds Marion ($727), Marshall ($670), and Meade ($799)—reflecting a more developed economy with higher service and job diversity. The trade-off: median household incomes here outpace neighbors, rewarding higher earners with quality services and amenities.

Housing consumes 13.7% of McPherson incomes

Renters in McPherson County earning $77,701 annually pay $889 monthly in gross rent, while homeowners invest $1,066 into ownership on median-valued properties of $198,400—the highest in this region. Despite these premium costs, the healthy income base keeps housing affordability in check across both renters and owners.

McPherson offers Kansas's highest earning potential

If career advancement and higher incomes matter more than minimum housing costs, McPherson County delivers—residents earn $77,701 on average, well above neighboring counties. Compare McPherson's higher wages and diverse job market against Marshall's rental bargains to find your relocation balance.

Affordability Calculator

See how your income compares to housing costs in McPherson County

$

Rent Burden

13.7%

of gross income

Max Housing (28% Rule)

$1,813

per month

Owner Cost Burden

16.5%

of gross income

You can likely afford the median home in McPherson County

Median home value is $198,400. Estimated monthly cost: $1,584 vs. your max of $1,813.

Rent Affordability Guide

Your rent-to-income ratio13.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in McPherson County, Kansas?
McPherson County, Kansas has a median monthly rent of $889/mo and a median home value of $198,400. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in McPherson County?
The median gross rent in McPherson County is $889/mo. This is 13% above state average for Kansas.
Is McPherson County affordable?
McPherson County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does McPherson County's rent compare to the state average?
McPherson County's median rent of $889/mo is 13% above state average of $787/mo for Kansas.
What is the median home value in McPherson County?
The median home value in McPherson County, Kansas is $198,400. This is 30% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.