Quick facts: Baxter springs, KS

Quick Facts

97.6
Cost of Living
below US average
3,834
Population
18.78
Crime Rate per 1000
below US average
$47,727
Median Income
below US average
$135,000
Median House Price
above US average
$887.5
Average Rent
below US average
13%
Poverty Rate
above US average
4.2%
Unemployment Rate
above 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 $47,727.

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Income Needed to Buy

βœ“ Affordable
$42k/year
Based on $135,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($47,727) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$38k/year
Based on $887.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($47,727) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Baxter springs, KS

Baxter Springs is a small city located in southeastern Kansas, primarily in Cherokee County. Founded in 1868, it boasts historical significance as part of the famous Route 66. With a population of around 4,000 residents, Baxter Springs showcases a tight-knit community atmosphere. The city's charming downtown area features a variety of local shops, restaurants, and historic buildings, making it a picturesque location for both residents and visitors. Notable attractions include the Baxter Springs Heritage Center and Museum, which highlights the city’s rich history and the influence of the early railroad and mining industries. Outdoor enthusiasts can enjoy nearby parks and recreational areas, including the scenic Spring River, which is perfect for fishing, kayaking, and picnicking. The city also hosts several annual events, fostering community spirit and local pride. Baxter Springs' location near the Kansas-Missouri border provides convenient access to larger urban centers such as Joplin, MO., offering additional amenities and entertainment options. Overall, Baxter Springs embodies the charm of small-town America with a rich history and welcoming community.

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