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Buying a home in Alden, Kansas

The typical owner-occupied home in Alden is worth about $55,000, 75% below the Kansas median of $217,200 and 83% below the national median of $332,700. Owners pay a median $750 a year in property taxes, about 1.36% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $39,375 a year, so the median home costs 1.4 times the median income (2.9 times for Kansas). 84% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.

Alden at a glance

Alden Kansas U.S.
Median home value $55,000 $217,200 $332,700
Median property tax paid per year $750 $2,798 $3,119
Property tax as a share of value 1.36% 1.29% 0.94%
Median household income $39,375 $74,275 $80,734
Homes lived in by their owners 84% 67% 65%
Owner homes with a mortgage 14% 57% 61%
Median monthly costs, owners with a mortgage $738 $1,689 $1,963
Those costs as a share of the owners' income 9.0% 19.4% 21.0%
Median rent – $1,060 $1,413
Median year homes were built 1971 1976 1980
Vacant homes 32.8% 9.2% 10.1%
Population 87 2,947,197 334,922,499

What a typical home costs per month in Alden

At this week's average 30-year rate of 7.11%, buying the median Alden home of $55,000 with 20% down costs about $381 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $473, 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 $16,339 for the 20%-down payment. That payment is 12% of the median Alden household income of $39,375; at that income and 20% down, the 28% guideline points to a home of about $133,000.

20% down, 30-year conventional loan
Down payment$11,000
Loan amount$44,000
Principal and interest$296
Property taxes (1.36% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$23
PMI$0
Total per month$381

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3.5% down, 30-year FHA loan
Down payment$1,925
Loan amount$54,004
Principal and interest$363
Property taxes (1.36% a year)$62
Homeowners insurance (our estimate, 0.5% a year)$23
FHA mortgage insurance$24
Total per month$473

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Questions about home buying in Alden

What is the median home value in Alden?

About $55,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Alden?

Homeowners pay a median $750 a year, which is about 1.36% 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 Alden?

For the median home with 20% down at 7.11%, the payment is about $381 a month. Keeping that under 28% of gross income takes about $16,339 a year.

More about Alden

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