The typical owner-occupied home in Little River is worth about $116,100, 47% below the Kansas median of $217,200 and 65% below the national median of $332,700. Owners pay a median $1,854 a year in property taxes, about 1.60% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $66,667 a year, so the median home costs 1.7 times the median income (2.9 times for Kansas). 82% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Little River at a glance
| Little River | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $116,100 | $217,200 | $332,700 |
| Median property tax paid per year | $1,854 | $2,798 | $3,119 |
| Property tax as a share of value | 1.60% | 1.29% | 0.94% |
| Median household income | $66,667 | $74,275 | $80,734 |
| Homes lived in by their owners | 82% | 67% | 65% |
| Owner homes with a mortgage | 58% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,188 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 19.4% | 21.0% |
| Median rent | $708 | $1,060 | $1,413 |
| Rent as a share of renters' income | 23.8% | 27.1% | 30.6% |
| Median year homes were built | 1949 | 1976 | 1980 |
| Vacant homes | 16.6% | 9.2% | 10.1% |
| Population | 402 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Little River
At this week's average 30-year rate of 7.11%, buying the median Little River home of $116,100 with 20% down costs about $828 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,021, 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 $35,485 for the 20%-down payment. That payment is 15% of the median Little River household income of $66,667; at that income and 20% down, the 28% guideline points to a home of about $218,000.
The median rent here is $708 a month, so owning the median home costs about $120 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,220 |
|---|---|
| Loan amount | $92,880 |
| Principal and interest | $625 |
| Property taxes (1.60% a year) | $155 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $828 |
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| Down payment | $4,064 |
|---|---|
| Loan amount | $113,997 |
| Principal and interest | $767 |
| Property taxes (1.60% a year) | $155 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $1,021 |
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Questions about home buying in Little River
What is the median home value in Little River?
About $116,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Little River?
Homeowners pay a median $1,854 a year, which is about 1.60% 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 Little River?
For the median home with 20% down at 7.11%, the payment is about $828 a month. Keeping that under 28% of gross income takes about $35,485 a year.
More about Little River
- Mortgage Refinance in Little River
- Debt Relief in Little River
- Home Equity Loans in Little River
- 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