Quick facts: Thayer, KS

Quick Facts

97.6
Cost of Living
below US average
430
Population
116.28
Crime Rate per 1000
above US average
$46,250
Median Income
below US average
$194,000
Median House Price
above US average
$1299
Average Rent
below US average
9%
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 $46,250.

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Income Needed to Buy

βœ— Stretch
$61k/year
Based on $194,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $61k vs median $46,250
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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 $46,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Thayer, KS

Thayer is a small, charming town located in Neosho County, Kansas. Nestled in the southeastern part of the state, it boasts a close-knit community and picturesque rural landscapes. With a population of just a few hundred residents, Thayer offers a peaceful lifestyle, making it ideal for those seeking a quieter environment away from the hustle and bustle of larger cities. The town features essential amenities, including local shops and eateries that provide a taste of small-town hospitality. Residents enjoy outdoor activities, thanks to the surrounding natural beauty, which includes parks and open spaces perfect for leisure and recreation. The local school district serves the educational needs of the community, ensuring that families have access to quality education. Thayer’s history reflects the agricultural roots typical of Kansas towns, with many residents involved in farming and ranching. Its location provides easy access to nearby cities like Chanute and Iola, offering additional shopping, dining, and cultural experiences. Overall, Thayer stands as a delightful example of rural Midwestern living, characterized by community spirit and serene surroundings.

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