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Wallace County Housing Market

Kansas · 105 counties · Ranked #198 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$94,200

vs national$94,200 vs $281,900 national

Median Gross Rent

$578/mo

vs national$578 vs $1,163 national

Effective Tax Rate

1.54%

vs national+1.54% vs 1.02% national

Median Household Income

$60,263

vs national$60,263 vs $74,755 national

Affordability Ratio

1.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

16.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,449

Tax as % of Home Value

1.54%

Monthly Owner Cost

$679

Renter Income

$44,231

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Wallace County?

The median home value in Wallace County is $94,200. This is below the national median of $281,900.

How much is rent in Wallace County?

The median gross rent in Wallace County is $578 per month.

What is the property tax rate in Wallace County?

The effective property tax rate in Wallace County is 1.54%. The median annual property tax bill is $1,449.

Is Wallace County affordable?

With a home-value-to-income ratio of 1.6x, Wallace County is considered affordable compared to the recommended 3-4x guideline.

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