The typical owner-occupied home in Mission is worth about $289,100, 33% above the Kansas median of $217,200 and 13% below the national median of $332,700. Owners pay a median $3,765 a year in property taxes, about 1.30% of their home's value, close to the Kansas rate of 1.29%. The median household earns $75,534 a year, so the median home costs 3.8 times the median income (2.9 times for Kansas). 45% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.
Mission at a glance
| Mission | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $289,100 | $217,200 | $332,700 |
| Median property tax paid per year | $3,765 | $2,798 | $3,119 |
| Property tax as a share of value | 1.30% | 1.29% | 0.94% |
| Median household income | $75,534 | $74,275 | $80,734 |
| Homes lived in by their owners | 45% | 67% | 65% |
| Owner homes with a mortgage | 73% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,654 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 19.4% | 21.0% |
| Median rent | $1,194 | $1,060 | $1,413 |
| Rent as a share of renters' income | 24.5% | 27.1% | 30.6% |
| Median year homes were built | 1972 | 1976 | 1980 |
| Vacant homes | 6.0% | 9.2% | 10.1% |
| Population | 9,915 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Mission
At this week's average 30-year rate of 7.11%, buying the median Mission home of $289,100 with 20% down costs about $1,989 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,471, 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 $85,264 for the 20%-down payment. That payment is 32% of the median Mission household income of $75,534; at that income and 20% down, the 28% guideline points to a home of about $256,000.
The median rent here is $1,194 a month, so owning the median home costs about $795 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $57,820 |
|---|---|
| Loan amount | $231,280 |
| Principal and interest | $1,556 |
| Property taxes (1.30% a year) | $313 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,989 |
Change the numbers in the calculator
| Down payment | $10,118 |
|---|---|
| Loan amount | $283,864 |
| Principal and interest | $1,910 |
| Property taxes (1.30% a year) | $313 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $128 |
| Total per month | $2,471 |
Change the numbers in the calculator
Questions about home buying in Mission
What is the median home value in Mission?
About $289,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mission?
Homeowners pay a median $3,765 a year, which is about 1.30% 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 Mission?
For the median home with 20% down at 7.11%, the payment is about $1,989 a month. Keeping that under 28% of gross income takes about $85,264 a year.
More about Mission
- Mortgage Refinance in Mission
- Debt Relief in Mission
- Home Equity Loans in Mission
- 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