Quick facts: Lenexa, KS

Quick Facts

97.6
Cost of Living
below US average
58,617
Population
17.59
Crime Rate per 1000
below US average
$101,074
Median Income
above US average
$395,000
Median House Price
above US average
$2808.0
Average Rent
above US average
5%
Poverty Rate
below US average
3.4%
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 $101,074.

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Income Needed to Buy

βœ— Stretch
$124k/year
Based on $395,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $124k vs median $101,074
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Income Needed to Rent

⚠ Stretch
$120k/year
Based on $2808.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $120k vs median $101,074
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lenexa, KS

Lenexa, Kansas, is a vibrant city situated in the Kansas City Metropolitan area, primarily in Johnson County. Known for its family-friendly atmosphere, Lenexa boasts a mix of suburban charm and urban convenience. With a population of around 55,000, it has experienced steady growth, making it one of the fastest-growing communities in the region. The city is recognized for its excellent schools, well-maintained parks, and numerous recreational facilities, including the popular Lenexa Community Center and extensive trail systems. Lenexa hosts several annual events, such as the Great Lenexa BBQ Battle, highlighting its community spirit and local culture. Lenexa's strategic location provides easy access to major highways, making commuting to nearby cities, including Kansas City, a breeze. The local economy is diverse, featuring a mix of retail, technology, and manufacturing sectors, which contribute to a robust job market. With a commitment to sustainability, Lenexa promotes green initiatives and has many eco-friendly spaces. Overall, Lenexa offers a high quality of life with a strong sense of community, making it a desirable place to live and work.

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