The typical owner-occupied home in Kincaid is worth about $30,000, 86% below the Kansas median of $217,200 and 91% below the national median of $332,700. The median household earns $60,000 a year, so the median home costs 0.5 times the median income (2.9 times for Kansas). 38% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Kincaid at a glance
| Kincaid | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $30,000 | $217,200 | $332,700 |
| Median property tax paid per year | – | $2,798 | $3,119 |
| Median household income | $60,000 | $74,275 | $80,734 |
| Homes lived in by their owners | 38% | 67% | 65% |
| Owner homes with a mortgage | 27% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,031 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 11.5% | 19.4% | 21.0% |
| Median rent | – | $1,060 | $1,413 |
| Rent as a share of renters' income | 15.0% | 27.1% | 30.6% |
| Median year homes were built | 1960 | 1976 | 1980 |
| Vacant homes | 21.8% | 9.2% | 10.1% |
| Population | 188 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Kincaid
At this week's average 30-year rate of 7.11%, buying the median Kincaid home of $30,000 with 20% down costs about $201 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $251, 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 $8,634 for the 20%-down payment. That payment is 4% of the median Kincaid household income of $60,000; at that income and 20% down, the 28% guideline points to a home of about $208,000.
| Down payment | $6,000 |
|---|---|
| Loan amount | $24,000 |
| Principal and interest | $161 |
| Property taxes (1.10% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| PMI | $0 |
| Total per month | $201 |
Change the numbers in the calculator
| Down payment | $1,050 |
|---|---|
| Loan amount | $29,457 |
| Principal and interest | $198 |
| Property taxes (1.10% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $12 |
| FHA mortgage insurance | $13 |
| Total per month | $251 |
Change the numbers in the calculator
Questions about home buying in Kincaid
What is the median home value in Kincaid?
About $30,000 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 Kincaid?
For the median home with 20% down at 7.11%, the payment is about $201 a month. Keeping that under 28% of gross income takes about $8,634 a year.
More about Kincaid
- Mortgage Refinance in Kincaid
- Debt Relief in Kincaid
- Home Equity Loans in Kincaid
- 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