Cost of Living in Wallace County, Kansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Wallace County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Wallace County, Kansas
Wallace County: Deep Rural Affordability
At 11.5% of income, Wallace County delivers exceptional rental affordability despite a median household income of $60,263—14% below the national median of $74,755. Lower incomes here pair with equally modest housing costs, creating genuine purchasing power.
Best-in-State Affordability for Lower Incomes
Wallace County's 11.5% rent-to-income ratio beats the Kansas state average of 14.7%, remarkable given its below-average household income. At $578/month, median rent runs $209 below the state average, reflecting deep rural affordability.
Western Kansas's Most Budget-Friendly
Wallace County's $578 rent significantly undercuts Thomas County ($753) and rivals Trego County ($694), positioning it as western Kansas's most affordable rental market. Its median home value of $94,200 also represents entry-level homeownership for modest earners.
Maximum Affordability for Working Families
At $578 monthly rent and $679 monthly owner costs against a $60,263 income, Wallace County residents allocate only 12% to rent and 13% to ownership. This exceptional ratio allows working families to save and invest despite lower absolute wages.
Rural Retreat for Modest Budgets
If you're relocating from a high-cost area to stretch a modest income further, Wallace County delivers western Kansas's deepest affordability gains. Compare its rent and home values against your current market to quantify your potential savings.
Affordability Calculator
See how your income compares to housing costs in Wallace County
Rent Burden
11.5%
of gross income
Max Housing (28% Rule)
$1,406
per month
Owner Cost Burden
13.5%
of gross income
You can likely afford the median home in Wallace County
Median home value is $94,200. Estimated monthly cost: $752 vs. your max of $1,406.
Rent Affordability Guide
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.