The typical owner-occupied home in Osage City is worth about $155,800, 28% below the Kansas median of $217,200 and 53% below the national median of $332,700. Owners pay a median $2,033 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 $71,191 a year, so the median home costs 2.2 times the median income (2.9 times for Kansas). 75% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Osage City at a glance
| Osage City | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $155,800 | $217,200 | $332,700 |
| Median property tax paid per year | $2,033 | $2,798 | $3,119 |
| Property tax as a share of value | 1.30% | 1.29% | 0.94% |
| Median household income | $71,191 | $74,275 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 55% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,246 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.4% | 21.0% |
| Median rent | $789 | $1,060 | $1,413 |
| Rent as a share of renters' income | 29.1% | 27.1% | 30.6% |
| Median year homes were built | 1976 | 1976 | 1980 |
| Vacant homes | 9.2% | 9.2% | 10.1% |
| Population | 2,828 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Osage City
At this week's average 30-year rate of 7.11%, buying the median Osage City home of $155,800 with 20% down costs about $1,072 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,332, 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 $45,950 for the 20%-down payment. That payment is 18% of the median Osage City household income of $71,191; at that income and 20% down, the 28% guideline points to a home of about $241,000.
The median rent here is $789 a month, so owning the median home costs about $283 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,160 |
|---|---|
| Loan amount | $124,640 |
| Principal and interest | $838 |
| Property taxes (1.30% a year) | $169 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,072 |
Change the numbers in the calculator
| Down payment | $5,453 |
|---|---|
| Loan amount | $152,978 |
| Principal and interest | $1,029 |
| Property taxes (1.30% a year) | $169 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,332 |
Change the numbers in the calculator
Questions about home buying in Osage City
What is the median home value in Osage City?
About $155,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Osage City?
Homeowners pay a median $2,033 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 Osage City?
For the median home with 20% down at 7.11%, the payment is about $1,072 a month. Keeping that under 28% of gross income takes about $45,950 a year.
More about Osage City
- Mortgage Refinance in Osage City
- Debt Relief in Osage City
- Home Equity Loans in Osage City
- 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