Quick facts: Spearville, KS

Quick Facts

97.6
Cost of Living
below US average
787
Population
19.06
Crime Rate per 1000
below US average
$68,710
Median Income
below US average
$159,900
Median House Price
above US average
$1299
Average Rent
below US average
10%
Poverty Rate
below US average
3.0%
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 $68,710.

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Income Needed to Buy

βœ“ Affordable
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($68,710) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1299/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($68,710) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Spearville, KS

Spearville is a small, charming city located in Ford County, Kansas. Nestled in the heart of the Great Plains, it has a rich agricultural heritage and a close-knit community feel. With a population of just over 1,000 residents, Spearville is known for its friendly atmosphere and strong local traditions. The city is surrounded by picturesque landscapes typical of Kansas, featuring wide-open spaces and farmland that contribute to its rural character. Outdoor enthusiasts can enjoy activities such as hiking, fishing, and birdwatching in the nearby areas. Spearville boasts a few local businesses and eateries, providing residents with essential amenities. The city hosts various community events throughout the year, fostering a sense of togetherness among residents. Educational opportunities are primarily provided through the Spearville School District, which focuses on delivering quality education in a supportive environment. Overall, Spearville offers a peaceful lifestyle, making it an ideal place for those looking to escape the hustle and bustle of larger cities while still enjoying a supportive community spirit.

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