The search engine finds the neighborhoods that are the optimum fit to the set of criteria you choose. 8,376,755. Date: 4/3/23. Check with the applicable school district prior to making a decision based on these boundaries. 23 / 52 The 10 Cheapest Neighborhoods To Live In Wichita For 2022 1. Pools, home gyms, high-tech fixtures, sweeping security systems, spacious yards, and a room for every need are luxuries most people covet. Continue with Recommended Cookies. Using crime, census, and extrapolated BLS data, we arrived at the following set of criteria: We then ranked each neighborhood with scores from 1 to 72 in each category, where 1 was the best. 0% Year over year crime is similar. So what exactly are those Wichita neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio? Buying a home is an investmentand an increasingly expensive one. Is it friendly, and where everyone knows their neighbors? In doing so, youre agreeing to the below guidelines. Copyright 2000-2023 Location Inc. [Click here for more information](/info/mls-disclaimers/#mls_45) 67001 (Andale)- Typical home value: $301,027- 1 year price change: +16.8%- 5 year price change: +44.0%, #8. There are a total of 73 Wichita, KS neighborhoods. Indian Hills Riverbend Population: 2,403 Rank Last Year: 2 (No Change) Median Home Value: $127,800 (13th best) If you're planning to move or looking to buy a property in this area, knowing how much you are expected to shell out will definitely help. South Area Overall SnackAbility 5 /10 Population: 5,666 Cost Of Living Index: 82 (20th cheapest) Home Value To Income Ratio: 1.4 (3rd cheapest) Rent To Income Ratio: 0.012 (6th cheapest) More on South Area: Homes For Sale | Data 2. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. We're lookin' at you, Crown Heights. Other US patent applications are currently pending. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. republish under a Creative Commons License, and we encourage you to Visitors can also try DWTA Helicopters site seeing tour of Wichita. Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals but may cost you later in capital gains taxes when you sell. The 10 Richest Cities In Kansas For 2023 - HomeSnacks Or skip to the end to see the list of all the neighborhoods in the city from best to worst. Home prices in Historic Midtown are now at a median cost of $87,552, lower than the Wichita average of $174,578. Home; Kansas Atlas; Wealthiest Zipcodes in Kansas; Map of 25 Wealthiest Zipcodes in Kansas Based on Average Adjusted Gross Income. Rich people not your cup of tea? Hilton Garden Inn Wichita. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Households in Wichita have a median income of $6,176 per month so the average renter in Wichita is spending roughly 16% of their earnings on housing. if(window.innerWidth<700){ezoicSiteSpeed(jQuery(document),String(/documentReady/).substring(1).slice(0,-1),String(/jQuery-document-dot-ready/).substring(1).slice(0,-1),function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display","none");$("#skip_expand").on("click",function(){$("#toc ul").toggle()});$("#toc h3").on("click",function(){$("#toc ul").toggle()});});}. In 2015, the median home value statewide was $133,582 - nearly $50,000 below the national average of $182,800 - and the median rental price was $853. In case you're wondering, the cost of living average for all cities across the nation is 100. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. All rights reserved. 65,421 or 42% of the households in Wichita, KS are renter-occupied while 89,763 or 58% are owner-occupied. We and our partners use cookies to Store and/or access information on a device. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Population: 1,213Rank Last Year: 1 (No Change)Median Home Value: $143,200 (Sixth best)Median Income: $69,798 (Third best)More on Crown Heights: Homes For Sale|Data, Population: 2,403Rank Last Year: 2 (No Change)Median Home Value: $127,800 (13th best)Median Income: $53,966 (18th best)More on Indian Hills Riverbend: Homes For Sale|Data, Population: 4,586Rank Last Year: 3 (No Change)Median Home Value: $160,325 (Fourth best)Median Income: $65,231 (Eighth best)More on College Hill: Homes For Sale|Data, Population: 833Rank Last Year: -Median Home Value: $116,600 (18th best)Median Income: $43,547 (3best)More on Westlink: Homes For Sale|Data, Population: 656Rank Last Year: 4 (Down 1)Median Home Value: $114,750 (19th best)Median Income: $59,710 (11th best)More on Longview: Homes For Sale|Data, Population: 1,574Rank Last Year: 6 (No Change)Median Home Value: $120,100 (16th best)Median Income: $66,148 (Sixth best)More on Sherwood Glen: Homes For Sale|Data, Population: 560Rank Last Year: 5 (Down 2)Median Home Value: $143,200 (Sixth best)Median Income: $59,375 (12th best)More on Courtland: Homes For Sale|Data, Population: 1,960Rank Last Year: 7 (Down 1)Median Home Value: $121,800 (15th best)Median Income: $57,773 (14th best)More on Hilltop-Jefferson: Homes For Sale|Data, Population: 709Rank Last Year: 8 (Down 1)Median Home Value: $143,200 (Sixth best)Median Income: $59,375 (12th best)More on Village: Homes For Sale|Data, Population: 261Rank Last Year: 9 (Down 1)Median Home Value: $142,700 (Eighth best)Median Income: $56,771 (15th best)More on Lambsdale: Homes For Sale|Data. 2023 Best Neighborhoods to Live in Wichita Area - Niche Farm Bureau has the absolute lowest prices for Wichita's young drivers, with an average rate of $107 per month. However, this is a sharp drop from 2008, when roughly 42,000 city residents worked for aircraft manufacturers. Some IDX listings have been excluded from this website.