The typical owner-occupied home in Riley County is worth about $237,100, 9% above the Kansas median of $217,200 and 29% below the national median of $332,700. Owners pay a median $3,466 a year in property taxes, about 1.46% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $61,098 a year, so the median home costs 3.9 times the median income (2.9 times for Kansas). 46% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Riley County at a glance
| Riley County | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $237,100 | $217,200 | $332,700 |
| Median property tax paid per year | $3,466 | $2,798 | $3,119 |
| Property tax as a share of value | 1.46% | 1.29% | 0.94% |
| Median household income | $61,098 | $74,275 | $80,734 |
| Homes lived in by their owners | 46% | 67% | 65% |
| Owner homes with a mortgage | 58% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,761 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 19.4% | 21.0% |
| Median rent | $1,046 | $1,060 | $1,413 |
| Rent as a share of renters' income | 30.4% | 27.1% | 30.6% |
| Median year homes were built | 1984 | 1976 | 1980 |
| Vacant homes | 9.9% | 9.2% | 10.1% |
| Population | 71,946 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Riley County
At this week's average 30-year rate of 7.11%, buying the median Riley County home of $237,100 with 20% down costs about $1,663 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,058, 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 $71,282 for the 20%-down payment. That payment is 33% of the median Riley County household income of $61,098; at that income and 20% down, the 28% guideline points to a home of about $203,000.
The median rent here is $1,046 a month, so owning the median home costs about $617 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $47,420 |
|---|---|
| Loan amount | $189,680 |
| Principal and interest | $1,276 |
| Property taxes (1.46% a year) | $288 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| PMI | $0 |
| Total per month | $1,663 |
Change the numbers in the calculator
| Down payment | $8,298 |
|---|---|
| Loan amount | $232,806 |
| Principal and interest | $1,566 |
| Property taxes (1.46% a year) | $288 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| FHA mortgage insurance | $105 |
| Total per month | $2,058 |
Change the numbers in the calculator
Questions about home buying in Riley County
What is the median home value in Riley County?
About $237,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Riley County?
Homeowners pay a median $3,466 a year, which is about 1.46% 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 Riley County?
For the median home with 20% down at 7.11%, the payment is about $1,663 a month. Keeping that under 28% of gross income takes about $71,282 a year.
More about Riley County
- Mortgage Refinance in Riley County
- Debt Relief in Riley County
- Home Equity Loans in Riley County
- 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