The typical owner-occupied home in Leawood is worth about $658,800, 3.0 times the Kansas median of $217,200 and 98% above the national median of $332,700. Owners pay a median $7,381 a year in property taxes, about 1.12% of their home's value, lower than the Kansas rate of 1.29%. The median household earns $185,625 a year, so the median home costs 3.5 times the median income (2.9 times for Kansas). 91% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Leawood at a glance
| Leawood | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $658,800 | $217,200 | $332,700 |
| Median property tax paid per year | $7,381 | $2,798 | $3,119 |
| Property tax as a share of value | 1.12% | 1.29% | 0.94% |
| Median household income | $185,625 | $74,275 | $80,734 |
| Homes lived in by their owners | 91% | 67% | 65% |
| Owner homes with a mortgage | 63% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $3,376 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.4% | 21.0% |
| Median rent | $1,983 | $1,060 | $1,413 |
| Rent as a share of renters' income | 27.4% | 27.1% | 30.6% |
| Median year homes were built | 1989 | 1976 | 1980 |
| Vacant homes | 4.1% | 9.2% | 10.1% |
| Population | 33,809 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Leawood
At this week's average 30-year rate of 7.11%, buying the median Leawood home of $658,800 with 20% down costs about $4,435 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,532, 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 $190,063 for the 20%-down payment. That payment is 29% of the median Leawood household income of $185,625; at that income and 20% down, the 28% guideline points to a home of about $643,000.
The median rent here is $1,983 a month, so owning the median home costs about $2,452 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $131,760 |
|---|---|
| Loan amount | $527,040 |
| Principal and interest | $3,545 |
| Property taxes (1.12% a year) | $615 |
| Homeowners insurance (our estimate, 0.5% a year) | $274 |
| PMI | $0 |
| Total per month | $4,435 |
Change the numbers in the calculator
| Down payment | $23,058 |
|---|---|
| Loan amount | $646,867 |
| Principal and interest | $4,352 |
| Property taxes (1.12% a year) | $615 |
| Homeowners insurance (our estimate, 0.5% a year) | $274 |
| FHA mortgage insurance | $291 |
| Total per month | $5,532 |
Change the numbers in the calculator
Questions about home buying in Leawood
What is the median home value in Leawood?
About $658,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Leawood?
Homeowners pay a median $7,381 a year, which is about 1.12% 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 Leawood?
For the median home with 20% down at 7.11%, the payment is about $4,435 a month. Keeping that under 28% of gross income takes about $190,063 a year.
More about Leawood
- Mortgage Refinance in Leawood
- Debt Relief in Leawood
- Home Equity Loans in Leawood
- 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