Total monthly cost of ownership
Cost to Own a Home in Emporia, Kansas
A $128,000 home here costs
$1,270per 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 $54,500 a year.
A standard mortgage calculator would have told you $698. The real number is $573 higher every month, 82% more than the payment most buyers budget for.
Compare Lyon 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.
Emporia against Lyon County and Kansas
| Measure | Emporia | Lyon County |
|---|---|---|
| Median home value | $127,500 | $142,200 |
| Median property tax | $2,244 | $2,272 |
| Effective tax rate | 1.760% | 1.598% |
| Median gross rent | $793 | $796 |
| Population | 24,098 | 32,145 |
The weather behind that power bill
Emporia sits in Lyon County, which averages a high of 88.5°F in its hottest month and a low of 18.2°F in its coldest, with 35.82" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 1,235 cooling and 5,284 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Lyon County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lyon County
Talk to someone who works this market
These are Emporia 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 Emporia every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Emporia I already own here and may sell
Common questions
How much does it cost to own a home in Emporia?
A $128,000 home in Emporia, Kansas costs approximately $1,270 per month with 20% down at 7.24%. That is $698 principal and interest, $188 property tax, $75 homeowners insurance, $204 utilities and $107 set aside for maintenance.
What is the property tax rate in Emporia?
Emporia has an effective property tax rate of 1.760%, based on a median home value of $127,500 and median real estate taxes of $2,244. That is higher than the Lyon County average of 1.598%.
What is the average home price in Emporia?
The median owner-occupied home value in Emporia, Kansas is $127,500, against $142,200 across Lyon County.
Is it cheaper to rent or buy in Emporia?
Median gross rent in Emporia is $793 a month, against $1,270 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 Emporia?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Emporia, Kansas at today's rate takes a household income of roughly $54,500 a year. That covers the full $1,270 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Emporia, 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.