Quick facts: Scandia, KS

Quick Facts

97.6
Cost of Living
below US average
338
Population
14.79
Crime Rate per 1000
below US average
$49,219
Median Income
below US average
$487,000
Median House Price
above US average
$1299
Average Rent
below US average
15%
Poverty Rate
above US average
3.4%
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 $49,219.

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Income Needed to Buy

βœ— Stretch
$153k/year
Based on $487,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $153k vs median $49,219
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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 $49,219
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Scandia, KS

Scandia, located in Republic County, Kansas, is a small, quaint town with a rich history and a tight-knit community. Founded in the late 19th century, Scandia boasts a Scandinavian heritage, reflected in its name and local culture. The town is surrounded by picturesque landscapes, including rolling plains and farmland, making it an ideal location for those who appreciate the tranquility of rural life. With a population of just over 300 residents, Scandia offers a welcoming atmosphere with a strong sense of community. Local events and gatherings are common, fostering connections among residents. The town features a few essential amenities, including a post office, local shops, and schools, catering to the needs of its inhabitants. Outdoor enthusiasts can enjoy various activities such as hiking, fishing, and bird-watching in the nearby scenic areas. Scandia is also within driving distance of larger towns, providing access to more extensive services and entertainment options. Overall, Scandia, KS, exemplifies the charm of small-town America, making it a peaceful place to live or visit.

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