The typical owner-occupied home in Paradise is worth about $24,300, 89% below the Kansas median of $217,200 and 93% below the national median of $332,700. Owners pay a median $1,000 a year in property taxes, about 4.12% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $66,071 a year, so the median home costs 0.4 times the median income (2.9 times for Kansas). 100% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.
Paradise at a glance
| Paradise | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $24,300 | $217,200 | $332,700 |
| Median property tax paid per year | $1,000 | $2,798 | $3,119 |
| Property tax as a share of value | 4.12% | 1.29% | 0.94% |
| Median household income | $66,071 | $74,275 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 11% | 57% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,689 | $1,963 |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 14.3% | 9.2% | 10.1% |
| Population | 25 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Paradise
At this week's average 30-year rate of 7.11%, buying the median Paradise home of $24,300 with 20% down costs about $224 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $265, 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 $9,614 for the 20%-down payment. That payment is 4% of the median Paradise household income of $66,071; at that income and 20% down, the 28% guideline points to a home of about $167,000.
| Down payment | $4,860 |
|---|---|
| Loan amount | $19,440 |
| Principal and interest | $131 |
| Property taxes (4.12% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $10 |
| PMI | $0 |
| Total per month | $224 |
Change the numbers in the calculator
| Down payment | $850 |
|---|---|
| Loan amount | $23,860 |
| Principal and interest | $161 |
| Property taxes (4.12% a year) | $83 |
| Homeowners insurance (our estimate, 0.5% a year) | $10 |
| FHA mortgage insurance | $11 |
| Total per month | $265 |
Change the numbers in the calculator
Questions about home buying in Paradise
What is the median home value in Paradise?
About $24,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Paradise?
Homeowners pay a median $1,000 a year, which is about 4.12% 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 Paradise?
For the median home with 20% down at 7.11%, the payment is about $224 a month. Keeping that under 28% of gross income takes about $9,614 a year.
More about Paradise
- Mortgage Refinance in Paradise
- Debt Relief in Paradise
- Home Equity Loans in Paradise
- 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