The typical owner-occupied home in Benedict 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 $517 a year in property taxes, about 2.13% of their home's value, higher than the Kansas rate of 1.29%. The median household earns $46,250 a year, so the median home costs 0.5 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.
Benedict at a glance
| Benedict | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $24,300 | $217,200 | $332,700 |
| Median property tax paid per year | $517 | $2,798 | $3,119 |
| Property tax as a share of value | 2.13% | 1.29% | 0.94% |
| Median household income | $46,250 | $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 | – | $1,689 | $1,963 |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1941 | 1976 | 1980 |
| Vacant homes | 13.8% | 9.2% | 10.1% |
| Population | 61 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Benedict
At this week's average 30-year rate of 7.11%, buying the median Benedict home of $24,300 with 20% down costs about $184 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $225, 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 $7,887 for the 20%-down payment. That payment is 5% of the median Benedict household income of $46,250; at that income and 20% down, the 28% guideline points to a home of about $142,000.
| Down payment | $4,860 |
|---|---|
| Loan amount | $19,440 |
| Principal and interest | $131 |
| Property taxes (2.13% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $10 |
| PMI | $0 |
| Total per month | $184 |
Change the numbers in the calculator
| Down payment | $850 |
|---|---|
| Loan amount | $23,860 |
| Principal and interest | $161 |
| Property taxes (2.13% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $10 |
| FHA mortgage insurance | $11 |
| Total per month | $225 |
Change the numbers in the calculator
Questions about home buying in Benedict
What is the median home value in Benedict?
About $24,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Benedict?
Homeowners pay a median $517 a year, which is about 2.13% 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 Benedict?
For the median home with 20% down at 7.11%, the payment is about $184 a month. Keeping that under 28% of gross income takes about $7,887 a year.
More about Benedict
- Mortgage Refinance in Benedict
- Debt Relief in Benedict
- Home Equity Loans in Benedict
- 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