Cost of Living in McPherson County, Kansas

$889/mo
Median Monthly Rent
$198,400
Median Home Value

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

National Ranking

Affordability Rank

McPherson County ranks #1,640 of 3,144 counties for affordability (bottom 48%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: McPherson County

Affordability Verdict

Housing in McPherson County is affordable. The median rent is $889/month against a median household income of $77,701, putting rent at 13.7% of income.

Rent vs. Own

Renters in McPherson County pay $889/month on average, compared to $1,066/month for homeowners. This market favors renters by about 17%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,560/year. For owner costs at the 28% rule, the required income is roughly $45,686/year. With a median household income of $77,701, most households can comfortably afford rent here. Notably, 25.0% of renter households in McPherson County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Crawford County where rent averages $837/month, McPherson County is approximately 6% more expensive.

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%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,701Needed: $35,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,701Needed: $45,686
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,701Needed: $46,173

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

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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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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