The typical owner-occupied home in Russell County is worth about $119,000, 45% below the Kansas median of $217,200 and 64% below the national median of $332,700. Owners pay a median $2,218 a year in property taxes, about 1.86% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $62,392 a year, so the median home costs 1.9 times the median income (2.9 times for Kansas). 75% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Russell County at a glance
| Russell County | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $119,000 | $217,200 | $332,700 |
| Median property tax paid per year | $2,218 | $2,798 | $3,119 |
| Property tax as a share of value | 1.86% | 1.29% | 0.94% |
| Median household income | $62,392 | $74,275 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 50% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,553 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 20.2% | 19.4% | 21.0% |
| Median rent | $805 | $1,060 | $1,413 |
| Rent as a share of renters' income | 23.0% | 27.1% | 30.6% |
| Median year homes were built | 1957 | 1976 | 1980 |
| Vacant homes | 15.6% | 9.2% | 10.1% |
| Population | 6,679 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Russell County
At this week's average 30-year rate of 7.11%, buying the median Russell County home of $119,000 with 20% down costs about $874 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,073, 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 $37,476 for the 20%-down payment. That payment is 17% of the median Russell County household income of $62,392; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $805 a month, so owning the median home costs about $69 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,800 |
|---|---|
| Loan amount | $95,200 |
| Principal and interest | $640 |
| Property taxes (1.86% a year) | $184 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $874 |
Change the numbers in the calculator
| Down payment | $4,165 |
|---|---|
| Loan amount | $116,845 |
| Principal and interest | $786 |
| Property taxes (1.86% a year) | $184 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,073 |
Change the numbers in the calculator
Questions about home buying in Russell County
What is the median home value in Russell County?
About $119,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Russell County?
Homeowners pay a median $2,218 a year, which is about 1.86% 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 Russell County?
For the median home with 20% down at 7.11%, the payment is about $874 a month. Keeping that under 28% of gross income takes about $37,476 a year.
More about Russell County
- Mortgage Refinance in Russell County
- Debt Relief in Russell County
- Home Equity Loans in Russell 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