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Debt relief in Benedict, Kansas

The typical owner-occupied home in Benedict is worth about $24,300, 89% below the Kansas median of $217,200 and 93% below the national median of $332,700. Owners pay a median $517 a year in property taxes, about 2.13% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $46,250 a year, so the median home costs 0.5 times the median income (2.9 times for Kansas). 84% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.

Benedict at a glance

Benedict Kansas U.S.
Median home value $24,300 $217,200 $332,700
Median property tax paid per year $517 $2,798 $3,119
Property tax as a share of value 2.13% 1.29% 0.94%
Median household income $46,250 $74,275 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 14% 57% 61%
Median monthly costs, owners with a mortgage – $1,689 $1,963
Median rent – $1,060 $1,413
Median year homes were built 1941 1976 1980
Vacant homes 13.8% 9.2% 10.1%
People below the poverty line 13.1% 11.3% 12.5%
Population 61 2,947,197 334,922,499

Household budgets and debt in Benedict

13.1% of residents live below the federal poverty line, compared with 11.3% in Kansas.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Benedict home worth $24,300 and 86% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Benedict

What is the median home value in Benedict?

About $24,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Benedict?

Homeowners pay a median $517 a year, which is about 2.13% of the median home value. Your bill depends on your home's assessed value and local rates.

How much of their income do Benedict households spend on housing?

With a median household income of $46,250, owners with a mortgage spend a median 0.0% on housing and renters 0.0%.

More about Benedict

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data