Quick facts: Wetmore, KS

Quick Facts

97.6
Cost of Living
below US average
341
Population
14.66
Crime Rate per 1000
below US average
$62,500
Median Income
below US average
$360,000
Median House Price
above US average
$1299
Average Rent
below US average
8%
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 $62,500.

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Income Needed to Buy

βœ— Stretch
$113k/year
Based on $360,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $113k vs median $62,500
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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 ($62,500) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wetmore, KS

Wetmore is a small town located in Brown County, Kansas. Nestled in the northeastern part of the state, Wetmore boasts a close-knit community with a population of around 500 residents. The town is characterized by its rural charm, with picturesque landscapes that include rolling hills, farmland, and a backdrop of the beautiful Kansas sky. Wetmore's history dates back to the late 19th century, and it's known for its local heritage and friendly atmosphere. The town provides essential services and amenities for its residents, including a post office, local businesses, and community facilities. Outdoor enthusiasts can enjoy various recreational activities in the surrounding areas, including hiking, fishing, and exploring the natural beauty of Kansas. Wetmore also represents a peaceful lifestyle, away from the hustle and bustle of larger cities, making it an ideal place for those seeking tranquility and a sense of community. The town is part of the larger Brown County, which offers additional resources and events for residents.

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