67107, Moundridge, KS

The 67107 zip code of Moundridge, KS has a median home value of $151,000. This is significantly lower than the state median home value of $177,500 and the national median home value of $183,700. The percentage of homes in this zip code that are owner-occupied is significantly lower than the state and national percentages (68% vs. 74% and 66%, respectively). Additionally, the percentage of homes in this zip code that are rented is significantly higher than both the state and national percentages (25% vs. 21% and 23%, respectively).

One potential explanation for these disparities may be that Moundridge is a relatively affordable town compared to other areas in Kansas. The cost of living index for Moundridge was only 73 out of 100 in 2016, which was below the statewide average cost of living index (77) but above the national average cost of living index (72). Additionally, according to Forbes magazine’s 2018 list of “America’s Best Small Cities for Business & Careers”, Moundridge ranked #7 out of 100 small cities in America based on factors such as job growth rate, affordability, quality-of-life ratings and more. These factors may contribute to why more homes are owned by residents rather than rented or leased out.