The typical owner-occupied home in Grantville is worth about $212,500, about the same as the Kansas median of $217,200 and 36% below the national median of $332,700. Owners pay a median $3,250 a year in property taxes, about 1.53% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $65,063 a year, so the median home costs 3.3 times the median income (2.9 times for Kansas). 100% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Grantville at a glance
| Grantville | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $212,500 | $217,200 | $332,700 |
| Median property tax paid per year | $3,250 | $2,798 | $3,119 |
| Property tax as a share of value | 1.53% | 1.29% | 0.94% |
| Median household income | $65,063 | $74,275 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 70% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,098 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 28.2% | 19.4% | 21.0% |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1995 | 1976 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 122 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Grantville
At this week's average 30-year rate of 7.11%, buying the median Grantville home of $212,500 with 20% down costs about $1,503 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,857, 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 $64,418 for the 20%-down payment. That payment is 28% of the median Grantville household income of $65,063; at that income and 20% down, the 28% guideline points to a home of about $215,000.
| Down payment | $42,500 |
|---|---|
| Loan amount | $170,000 |
| Principal and interest | $1,144 |
| Property taxes (1.53% a year) | $271 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| PMI | $0 |
| Total per month | $1,503 |
Change the numbers in the calculator
| Down payment | $7,438 |
|---|---|
| Loan amount | $208,651 |
| Principal and interest | $1,404 |
| Property taxes (1.53% a year) | $271 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| FHA mortgage insurance | $94 |
| Total per month | $1,857 |
Change the numbers in the calculator
Questions about home buying in Grantville
What is the median home value in Grantville?
About $212,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grantville?
Homeowners pay a median $3,250 a year, which is about 1.53% 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 Grantville?
For the median home with 20% down at 7.11%, the payment is about $1,503 a month. Keeping that under 28% of gross income takes about $64,418 a year.
More about Grantville
- Mortgage Refinance in Grantville
- Debt Relief in Grantville
- Home Equity Loans in Grantville
- 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