Quick facts: Garden city, KS

Quick Facts

97.6
Cost of Living
below US average
27,519
Population
31.61
Crime Rate per 1000
above US average
$67,500
Median Income
below US average
$215,000
Median House Price
above US average
$976.33
Average Rent
below US average
12%
Poverty Rate
above US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $67,500.

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Income Needed to Buy

βœ“ Affordable
$67k/year
Based on $215,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($67,500) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$42k/year
Based on $976.33/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($67,500) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Garden city, KS

Garden City, located in Finney County, Kansas, is a vibrant city known for its rich agricultural roots and diverse community. It serves as an economic hub for southwest Kansas, with a population of around 26,000 residents. The city is characterized by its friendly atmosphere, making it an inviting place for families and newcomers alike. Garden City boasts a variety of parks and recreational facilities, including the popular Garden City Aquatic Park and several walking trails. The city also hosts the annual Finney County Fair, which draws visitors from surrounding areas, showcasing local culture and agriculture. The area's economy is primarily driven by agriculture, with a significant emphasis on livestock and crop farming. Additionally, the city is home to several educational institutions, including Garden City Community College, offering a range of programs for students. Culturally, Garden City reflects its diverse population, featuring a mix of Hispanic and other communities, which is celebrated through various events and festivals. With its unique blend of rural charm and modern amenities, Garden City is a notable destination in Kansas.

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