The typical owner-occupied home in Powhattan is worth about $47,500, 78% below the Kansas median of $217,200 and 86% below the national median of $332,700. The median household earns $45,313 a year, so the median home costs 1.0 times the median income (2.9 times for Kansas). 59% of occupied homes here are lived in by their owners, and 12% of those owners still have a mortgage.
Powhattan at a glance
| Powhattan | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $47,500 | $217,200 | $332,700 |
| Median property tax paid per year | – | $2,798 | $3,119 |
| Median household income | $45,313 | $74,275 | $80,734 |
| Homes lived in by their owners | 59% | 67% | 65% |
| Owner homes with a mortgage | 12% | 57% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,689 | $1,963 |
| Median rent | $1,094 | $1,060 | $1,413 |
| Rent as a share of renters' income | 23.1% | 27.1% | 30.6% |
| Median year homes were built | 1948 | 1976 | 1980 |
| Vacant homes | 21.6% | 9.2% | 10.1% |
| Population | 74 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Powhattan
At this week's average 30-year rate of 7.11%, buying the median Powhattan home of $47,500 with 20% down costs about $319 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $398, 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 $13,670 for the 20%-down payment. That payment is 8% of the median Powhattan household income of $45,313; at that income and 20% down, the 28% guideline points to a home of about $157,000.
The median rent here is $1,094 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $9,500 |
|---|---|
| Loan amount | $38,000 |
| Principal and interest | $256 |
| Property taxes (1.10% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| PMI | $0 |
| Total per month | $319 |
Change the numbers in the calculator
| Down payment | $1,662 |
|---|---|
| Loan amount | $46,640 |
| Principal and interest | $314 |
| Property taxes (1.10% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| FHA mortgage insurance | $21 |
| Total per month | $398 |
Change the numbers in the calculator
Questions about home buying in Powhattan
What is the median home value in Powhattan?
About $47,500 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 Powhattan?
For the median home with 20% down at 7.11%, the payment is about $319 a month. Keeping that under 28% of gross income takes about $13,670 a year.
More about Powhattan
- Mortgage Refinance in Powhattan
- Debt Relief in Powhattan
- Home Equity Loans in Powhattan
- 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