The typical owner-occupied home in Galena is worth about $78,500, 64% below the Kansas median of $217,200 and 76% below the national median of $332,700. Owners pay a median $747 a year in property taxes, about 0.95% of their home's value, lower than the Kansas rate of 1.29%. The median household earns $49,006 a year, so the median home costs 1.6 times the median income (2.9 times for Kansas). 71% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Galena at a glance
| Galena | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $78,500 | $217,200 | $332,700 |
| Median property tax paid per year | $747 | $2,798 | $3,119 |
| Property tax as a share of value | 0.95% | 1.29% | 0.94% |
| Median household income | $49,006 | $74,275 | $80,734 |
| Homes lived in by their owners | 71% | 67% | 65% |
| Owner homes with a mortgage | 39% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,098 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 20.6% | 19.4% | 21.0% |
| Median rent | $692 | $1,060 | $1,413 |
| Rent as a share of renters' income | 29.3% | 27.1% | 30.6% |
| Median year homes were built | 1958 | 1976 | 1980 |
| Vacant homes | 18.2% | 9.2% | 10.1% |
| Population | 2,754 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Galena
At this week's average 30-year rate of 7.11%, buying the median Galena home of $78,500 with 20% down costs about $517 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $648, 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 $22,170 for the 20%-down payment. That payment is 13% of the median Galena household income of $49,006; at that income and 20% down, the 28% guideline points to a home of about $174,000.
The median rent here is $692 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,700 |
|---|---|
| Loan amount | $62,800 |
| Principal and interest | $422 |
| Property taxes (0.95% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| PMI | $0 |
| Total per month | $517 |
Change the numbers in the calculator
| Down payment | $2,748 |
|---|---|
| Loan amount | $77,078 |
| Principal and interest | $519 |
| Property taxes (0.95% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| FHA mortgage insurance | $35 |
| Total per month | $648 |
Change the numbers in the calculator
Questions about home buying in Galena
What is the median home value in Galena?
About $78,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Galena?
Homeowners pay a median $747 a year, which is about 0.95% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Galena?
For the median home with 20% down at 7.11%, the payment is about $517 a month. Keeping that under 28% of gross income takes about $22,170 a year.
More about Galena
- Mortgage Refinance in Galena
- Debt Relief in Galena
- Home Equity Loans in Galena
- 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