Quick facts: Prairie village, KS

Quick Facts

97.6
Cost of Living
below US average
22,947
Population
14.69
Crime Rate per 1000
below US average
$99,691
Median Income
above US average
$1,200,000
Median House Price
above US average
$2184.1
Average Rent
above US average
5%
Poverty Rate
below US average
2.5%
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 $99,691.

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Income Needed to Buy

βœ— Stretch
$376k/year
Based on $1,200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $376k vs median $99,691
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Income Needed to Rent

βœ“ Affordable
$94k/year
Based on $2184.1/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($99,691) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Prairie village, KS

Prairie Village is a charming suburb located in Johnson County, Kansas, just a few miles south of downtown Kansas City, Missouri. Known for its picturesque neighborhoods and strong community vibe, Prairie Village offers a mix of residential areas, parks, and local businesses. The city covers approximately 3.5 square miles and is home to around 22,000 residents. One of the city's highlights is the Prairie Village Shopping Center, which features a variety of shops, restaurants, and entertainment options. The city prides itself on its well-maintained parks, such as Franklin Park and Harmon Park, which provide recreational facilities and green spaces for residents and visitors to enjoy. The community is served by the highly regarded Shawnee Mission School District, making it an attractive place for families. Prairie Village is also known for its vibrant arts scene, exemplified by the biennial Prairie Village Art Show. With a strong sense of community and proximity to the cultural attractions of Kansas City, Prairie Village is a desirable place to live for those seeking suburban charm with easy access to urban amenities.

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