Quick facts: Selden, KS

Quick Facts

97.6
Cost of Living
below US average
181
Population
22.1
Crime Rate per 1000
below US average
$49,821
Median Income
below US average
$312,000
Median House Price
above US average
$1299
Average Rent
below US average
10%
Poverty Rate
below US average
3.2%
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 $49,821.

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Income Needed to Buy

βœ— Stretch
$98k/year
Based on $312,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $98k vs median $49,821
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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 $49,821
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Selden, KS

Selden is a small, charming city located in Thomas County in northwestern Kansas. Known for its tight-knit community and picturesque rural setting, Selden offers a glimpse into small-town life with a welcoming atmosphere and friendly residents. The town is surrounded by expansive plains, ideal for agriculture, which plays a significant role in the local economy. Selden is a central point for outdoor enthusiasts, as it's close to parks and recreational areas that showcase the beauty of Kansas. The nearby Prairie Dog Town is a local attraction that draws visitors interested in wildlife and nature. Additionally, the town hosts seasonal events that strengthen community ties and celebrate local traditions. Residents enjoy a peaceful lifestyle with essential amenities and services, including schools and small businesses. The town embodies the essence of Midwest living, making it a perfect spot for those seeking tranquility away from bustling urban areas. Overall, Selden is a hidden gem in Kansas, offering a mix of community spirit and natural beauty.

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