The typical owner-occupied home in Howard is worth about $52,600, 76% below the Kansas median of $217,200 and 84% below the national median of $332,700. Owners pay a median $1,506 a year in property taxes, about 2.86% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $65,625 a year, so the median home costs 0.8 times the median income (2.9 times for Kansas). 75% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Howard at a glance
| Howard | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $52,600 | $217,200 | $332,700 |
| Median property tax paid per year | $1,506 | $2,798 | $3,119 |
| Property tax as a share of value | 2.86% | 1.29% | 0.94% |
| Median household income | $65,625 | $74,275 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 24% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $996 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 14.9% | 19.4% | 21.0% |
| Median rent | $514 | $1,060 | $1,413 |
| Rent as a share of renters' income | 37.5% | 27.1% | 30.6% |
| Median year homes were built | 1959 | 1976 | 1980 |
| Vacant homes | 29.4% | 9.2% | 10.1% |
| Population | 516 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Howard
At this week's average 30-year rate of 7.11%, buying the median Howard home of $52,600 with 20% down costs about $430 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $518, 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 $18,444 for the 20%-down payment. That payment is 8% of the median Howard household income of $65,625; at that income and 20% down, the 28% guideline points to a home of about $187,000.
The median rent here is $514 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,520 |
|---|---|
| Loan amount | $42,080 |
| Principal and interest | $283 |
| Property taxes (2.86% a year) | $125 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $430 |
Change the numbers in the calculator
| Down payment | $1,841 |
|---|---|
| Loan amount | $51,647 |
| Principal and interest | $347 |
| Property taxes (2.86% a year) | $125 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $23 |
| Total per month | $518 |
Change the numbers in the calculator
Questions about home buying in Howard
What is the median home value in Howard?
About $52,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Howard?
Homeowners pay a median $1,506 a year, which is about 2.86% 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 Howard?
For the median home with 20% down at 7.11%, the payment is about $430 a month. Keeping that under 28% of gross income takes about $18,444 a year.
More about Howard
- Mortgage Refinance in Howard
- Debt Relief in Howard
- Home Equity Loans in Howard
- 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