Cost of Living in McPherson
McPherson's cost of living runs closer to national benchmarks than several comparable Kansas Tier B markets, with a real, disclosed property tax rate this record does not soften.
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Learn moreHousing costs closer to national benchmarks
Zillow's average home value ran approximately $220,766 (May 2026, up 3.8% year-over-year), with a real, disclosed cross-source spread reaching $264,000 -- notably higher than this project's other Kansas Tier B markets (base record).
Kansas's real, 2-bracket 2026 state income tax
Kansas's real, current 2-bracket income tax (5.2% up to $23,000 single/$46,000 MFJ, 5.58% above) and full Social Security/public-pension exemptions apply in McPherson as statewide (base record).
A real, disclosed property tax rate
Ownwell cites McPherson's median effective property tax rate at approximately 1.49% -- above the national median (~1.02%) but slightly below the Kansas statewide median cited alongside it (~1.43%) (base record).
A notably higher cited median household income
One source cites McPherson's median household income at approximately $77,529 -- notably higher than this project's other nearby Kansas Tier B markets, a figure this record discloses without independently cross-verifying against a second source this pass (base record).
Key takeaways
- McPherson's housing (~$220,766-$264,000) runs closer to national benchmarks than several other Kansas Tier B markets.
- Kansas's 2-bracket income tax (5.2%/5.58%) and full Social Security exemption apply statewide.
- Property tax runs moderate (Ownwell's cited 1.49% effective rate), below the Kansas statewide median cited alongside it.
- One source cites a notably higher median household income (~$77,529), not independently cross-verified this pass.
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