The typical owner-occupied home in Riverton is worth about $144,000, 34% below the Kansas median of $217,200 and 57% below the national median of $332,700. Owners pay a median $1,669 a year in property taxes, about 1.16% of their home's value, lower than the Kansas rate of 1.29%. The median household earns $90,365 a year, so the median home costs 1.6 times the median income (2.9 times for Kansas). 76% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Riverton at a glance
| Riverton | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $144,000 | $217,200 | $332,700 |
| Median property tax paid per year | $1,669 | $2,798 | $3,119 |
| Property tax as a share of value | 1.16% | 1.29% | 0.94% |
| Median household income | $90,365 | $74,275 | $80,734 |
| Homes lived in by their owners | 76% | 67% | 65% |
| Owner homes with a mortgage | 50% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,113 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 15.6% | 19.4% | 21.0% |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1980 | 1976 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 769 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Riverton
At this week's average 30-year rate of 7.11%, buying the median Riverton home of $144,000 with 20% down costs about $974 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,214, 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 $41,750 for the 20%-down payment. That payment is 13% of the median Riverton household income of $90,365; at that income and 20% down, the 28% guideline points to a home of about $312,000.
| Down payment | $28,800 |
|---|---|
| Loan amount | $115,200 |
| Principal and interest | $775 |
| Property taxes (1.16% a year) | $139 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| PMI | $0 |
| Total per month | $974 |
Change the numbers in the calculator
| Down payment | $5,040 |
|---|---|
| Loan amount | $141,392 |
| Principal and interest | $951 |
| Property taxes (1.16% a year) | $139 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| FHA mortgage insurance | $64 |
| Total per month | $1,214 |
Change the numbers in the calculator
Questions about home buying in Riverton
What is the median home value in Riverton?
About $144,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Riverton?
Homeowners pay a median $1,669 a year, which is about 1.16% 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 Riverton?
For the median home with 20% down at 7.11%, the payment is about $974 a month. Keeping that under 28% of gross income takes about $41,750 a year.
More about Riverton
- Mortgage Refinance in Riverton
- Debt Relief in Riverton
- Home Equity Loans in Riverton
- 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