Norton County, Kansas Housing Market
In Norton County, Kansas, the median home value is $101,500, with a median monthly rent of $609. This places Norton County at #2897 nationally out of 3134 counties by median home value, and #76 within Kansas.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $934
- Establishments: 164
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,951 (avg $64,772)
- Outflow: 1,796 (avg $67,009)
- IRS Statistics of Income
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| Metric | Norton County | Kansas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $101,500 | $138,824 | $227,706 |
| Median Gross Rent | $609 | $802 | $968 |
| Owner Occupancy Rate | 76.2% | 74.2% | 73.3% |
| Price/Rent Ratio | 13.9 | 14.2 | 18.7 |
Market Analysis
The median home value in Norton County is 26.9% below the Kansas state average and 55.4% below the U.S. national average. The median rent of $609/month is 24.1% below the state average.
With a price-to-rent ratio of 13.9, buying a home in Norton County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Norton County has an owner-occupancy rate of 76.2%, compared to 74.2% in Kansas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Alfalfa County | Oklahoma | $101,500 | $705 |
| Shelby County | Texas | $101,500 | $781 |
| Marion County | Texas | $101,500 | $911 |
| Bacon County | Georgia | $101,400 | $743 |
| Pike County | Illinois | $101,400 | $676 |
Other Counties in Kansas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hodgeman County | $101,600 | $941 | 79.1% |
| Montgomery County | $101,700 | $761 | 72.9% |
| Cherokee County | $100,100 | $799 | 75.5% |
| Cloud County | $100,000 | $769 | 74.0% |
| Wichita County | $99,300 | $942 | 78.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).