Quick facts: Abbyville, KS

Quick Facts

97.6
Cost of Living
below US average
82
Population
121.95
Crime Rate per 1000
above US average
$39,375
Median Income
below US average
$450,000
Median House Price
above US average
$1299
Average Rent
below US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $39,375.

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Income Needed to Buy

βœ— Stretch
$141k/year
Based on $450,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $141k vs median $39,375
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1299/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $39,375
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Abbyville, KS

Abbyville is a small, quaint town located in Reno County, Kansas, with a low population that gives it a tight-knit community feel. Nestled in the heart of the Midwest, this charming locale is characterized by its rural landscapes and friendly atmosphere. Abbyville is primarily agricultural, with local farms contributing to the economy and lifestyle of its residents. The town's proximity to larger cities like Hutchinson, just a short drive away, offers residents access to more extensive amenities, shopping, and recreational activities while maintaining the peace and simplicity of small-town life. Abbyville is well-known for its community events and gatherings, where residents come together to celebrate local traditions. The surrounding countryside provides ample opportunities for outdoor activities like hiking and wildlife observation, making it an ideal spot for those who appreciate nature. Overall, Abbyville represents the quintessential small-town experience in Kansas, with its rich agriculture, community spirit, and picturesque surroundings.

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