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Buying a home in Jennings, Kansas

The typical owner-occupied home in Jennings is worth about $41,200, 81% below the Kansas median of $217,200 and 88% below the national median of $332,700. Owners pay a median $771 a year in property taxes, about 1.87% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $51,250 a year, so the median home costs 0.8 times the median income (2.9 times for Kansas). 87% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.

Jennings at a glance

Jennings Kansas U.S.
Median home value $41,200 $217,200 $332,700
Median property tax paid per year $771 $2,798 $3,119
Property tax as a share of value 1.87% 1.29% 0.94%
Median household income $51,250 $74,275 $80,734
Homes lived in by their owners 87% 67% 65%
Owner homes with a mortgage 29% 57% 61%
Median monthly costs, owners with a mortgage $1,063 $1,689 $1,963
Those costs as a share of the owners' income 13.5% 19.4% 21.0%
Median rent – $1,060 $1,413
Rent as a share of renters' income 10.0% 27.1% 30.6%
Median year homes were built 1938 1976 1980
Vacant homes 28.8% 9.2% 10.1%
Population 118 2,947,197 334,922,499

What a typical home costs per month in Jennings

At this week's average 30-year rate of 7.11%, buying the median Jennings home of $41,200 with 20% down costs about $303 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $372, 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 $12,990 for the 20%-down payment. That payment is 7% of the median Jennings household income of $51,250; at that income and 20% down, the 28% guideline points to a home of about $163,000.

20% down, 30-year conventional loan
Down payment$8,240
Loan amount$32,960
Principal and interest$222
Property taxes (1.87% a year)$64
Homeowners insurance (our estimate, 0.5% a year)$17
PMI$0
Total per month$303

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3.5% down, 30-year FHA loan
Down payment$1,442
Loan amount$40,454
Principal and interest$272
Property taxes (1.87% a year)$64
Homeowners insurance (our estimate, 0.5% a year)$17
FHA mortgage insurance$18
Total per month$372

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Questions about home buying in Jennings

What is the median home value in Jennings?

About $41,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Jennings?

Homeowners pay a median $771 a year, which is about 1.87% 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 Jennings?

For the median home with 20% down at 7.11%, the payment is about $303 a month. Keeping that under 28% of gross income takes about $12,990 a year.

More about Jennings

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