The typical owner-occupied home in Savonburg is worth about $38,300, 82% below the Kansas median of $217,200 and 88% below the national median of $332,700. The median household earns $48,750 a year, so the median home costs 0.8 times the median income (2.9 times for Kansas). 90% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Savonburg at a glance
| Savonburg | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $38,300 | $217,200 | $332,700 |
| Median property tax paid per year | – | $2,798 | $3,119 |
| Median household income | $48,750 | $74,275 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 25% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,025 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 19.4% | 21.0% |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 9.1% | 9.2% | 10.1% |
| Population | 93 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Savonburg
At this week's average 30-year rate of 7.11%, buying the median Savonburg home of $38,300 with 20% down costs about $257 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $321, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $11,022 for the 20%-down payment. That payment is 6% of the median Savonburg household income of $48,750; at that income and 20% down, the 28% guideline points to a home of about $169,000.
| Down payment | $7,660 |
|---|---|
| Loan amount | $30,640 |
| Principal and interest | $206 |
| Property taxes (1.10% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| PMI | $0 |
| Total per month | $257 |
Change the numbers in the calculator
| Down payment | $1,340 |
|---|---|
| Loan amount | $37,606 |
| Principal and interest | $253 |
| Property taxes (1.10% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| FHA mortgage insurance | $17 |
| Total per month | $321 |
Change the numbers in the calculator
Questions about home buying in Savonburg
What is the median home value in Savonburg?
About $38,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Savonburg?
For the median home with 20% down at 7.11%, the payment is about $257 a month. Keeping that under 28% of gross income takes about $11,022 a year.
More about Savonburg
- Mortgage Refinance in Savonburg
- Debt Relief in Savonburg
- Home Equity Loans in Savonburg
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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