Quick facts: Riverton, KS

Quick Facts

97.6
Cost of Living
below US average
729
Population
34.29
Crime Rate per 1000
above US average
$66,354
Median Income
below US average
$125,000
Median House Price
above US average
$1299
Average Rent
below US average
10%
Poverty Rate
below US average
3.5%
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 $66,354.

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Income Needed to Buy

βœ“ Affordable
$39k/year
Based on $125,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($66,354) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1299/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($66,354) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Riverton, KS

Riverton is a small city located in Cherokee County, Kansas, with a population of around 1,200 residents. Nestled in the southeastern part of the state, Riverton is situated near the larger city of Pittsburg, which provides access to more extensive amenities and services. The area is characterized by its small-town charm, friendly community, and rich history, having been established in the late 19th century. The city is known for its proximity to outdoor recreational activities, with several parks and facilities that cater to families and nature enthusiasts. Riverton also has a strong sense of community, offering local events and activities that foster connections among residents. The local economy is primarily driven by agriculture, retail, and small businesses, providing essential goods and services to the community. Education is served by the Riverton School District, which offers quality education to its students. Overall, Riverton embodies the essence of rural Kansas living, combining historical roots with a tight-knit community atmosphere, making it a quaint place to visit or reside.

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