Total monthly cost of ownership
Cost to Own a Home in Concordia, Kansas
A $96,000 home here costs
$1,024per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $44,000 a year.
A standard mortgage calculator would have told you $523. The real number is $501 higher every month, 96% more than the payment most buyers budget for.
Compare Cloud County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Concordia against Cloud County and Kansas
| Measure | Concordia | Cloud County |
|---|---|---|
| Median home value | $96,100 | $96,300 |
| Median property tax | $1,936 | $1,722 |
| Effective tax rate | 2.015% | 1.788% |
| Median gross rent | $698 | $689 |
| Population | 5,067 | 8,973 |
The weather behind that power bill
Concordia sits in Cloud County, which averages a high of 90.3°F in its hottest month and a low of 18.9°F in its coldest, with 28.38" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 1,373 cooling and 5,314 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Cloud County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cloud County
No other places of this size are published in Cloud County.
Talk to someone who works this market
These are Concordia averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Concordia every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Concordia I already own here and may sell
Common questions
How much does it cost to own a home in Concordia?
A $96,000 home in Concordia, Kansas costs approximately $1,024 per month with 20% down at 7.24%. That is $523 principal and interest, $161 property tax, $56 homeowners insurance, $204 utilities and $80 set aside for maintenance.
What is the property tax rate in Concordia?
Concordia has an effective property tax rate of 2.015%, based on a median home value of $96,100 and median real estate taxes of $1,936. That is higher than the Cloud County average of 1.788%.
What is the average home price in Concordia?
The median owner-occupied home value in Concordia, Kansas is $96,100, against $96,300 across Cloud County.
Is it cheaper to rent or buy in Concordia?
Median gross rent in Concordia is $698 a month, against $1,024 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Concordia?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Concordia, Kansas at today's rate takes a household income of roughly $44,000 a year. That covers the full $1,024 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Concordia, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kansas.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.