Wichita ranked No. 6,017 nationwide. Its median household income is $44,202, and 5.19 percent of households have income of $150,000 or higher. Median home value in Wichita is $108,100, and 10.65 percent of homes have nine rooms or more.
Is Wichita a poor city?
Across the metro area’s poorest neighborhoods, an estimated 19.9% of the labor force are unemployed.
This Is the City Hit Hardest by Extreme Poverty in Kansas.
| Metro area with worst extreme poverty | Kansas: Wichita |
|---|---|
| Poor residents in high-poverty neighborhoods | 5.7% |
| Overall poverty rate | 13.0% |
| Overall poverty rate, statewide | 12.0% |
What is considered rich in Wichita Kansas?
The site used U.S. Census Bureau income data to determine the salary a household needs to earn to be in the city’s top 20% of earners – what they define as “rich.” The ultra-rich, or the top 5% of earners in Wichita, make way more: $311,677 on average, according to the analysis.
How many billionaires are in Wichita KS?
This is the City in Kansas With the Most Billionaires
| City with the most billionaires: | Number of billionaires: | Total billionaire net worth: |
|---|---|---|
| Illinois: Chicago | 11 | $49.5 billion |
| Indiana: Bloomington | 1 | $10.5 billion |
| Iowa: Adel | 1 | $5.4 billion |
| Kansas: Wichita | 1 | $44.9 billion |
Is living in Wichita cheap?
One benefit of living in Wichita is the cost of living, which is below the national median. Housing prices and rental rates are inexpensive compared to what you’d find in places on the East or West Coast. Residents tend to spend about the same on daily expenses like groceries and utilities as the average American.
What is a good salary in Wichita KS?
A good salary in Wichita, KS is anything over $34,000. That’s because the median income in Wichita is $34,000, which means if you earn more than that you’re earning more than 50% of the people living in Wichita. The average salary in Wichita is $38,263. A good hourly wage in Wichita is $16.35 per hour.
Is Wichita a good place to live?
Wichita is in Sedgwick County and is one of the best places to live in Kansas. Living in Wichita offers residents a dense suburban feel and most residents own their homes. In Wichita there are a lot of coffee shops and parks. Many families and young professionals live in Wichita and residents tend to lean conservative.
What is the wealthiest city in Kansas?
Of all small cities and towns in Kansas, Fairway is the only one where most homes are worth more than $300,000. The typical home in Fairway is worth $352,000.
> Population: 3,947.
| State | Arizona |
|---|---|
| Richest Town | Paradise Valley |
| Median Household Income | $204,145 |
| Poverty Rate | 5.0% |
| Median Home Value | $1,505,300 |
Where do the wealthy live in Kansas?
Kansas City metro neighborhoods making the list included Mission Hills (Mission Hills), Hallbrook Farms-The Woods (Leawood), Waterford-Leawood South (Leawood), and the Country Club Plaza District (Kansas City).
What salary makes rich?
In the U.S. overall, it takes a net worth of $2.2 million to be considered “wealthy” by other Americans — up from $1.9 million last year, according to financial services company Charles Schwab’s annual Modern Wealth Survey.
Who is the richest person in Wichita KS?
As of July 2022, the richest person in Kansas is Charles Koch. Charles Koch lives in Wichita. How does your net worth compare to the fortunes of the wealthiest people in Kansas? Charles Koch is an American businessman who has a net worth of $60 billion dollars.
What is considered rich in Kansas?
The site says the average income of the top 20% is $190,266. The ultra-rich, or the top 5% of earners in KC, make way more: $336,124 on average, according to the analysis.
What billionaire lives in Wichita KS?
| Charles Koch | |
|---|---|
| Born | Charles de Ganahl Koch November 1, 1935 Wichita, Kansas, U.S. |
| Education | Massachusetts Institute of Technology (BS, MS) |
| Occupation | Businessman |
| Employer | Koch Industries |
Why is Wichita so popular?
Wichita is known as the “Air Capital of the World.” Wichita is the birthplace of Pizza Hut and White Castle fast-food chains. A.A. Hyde discovered Mentholatum in 1894 in the current The Spice Merchant & Company building.
Is downtown Wichita safe?
Wichita is not the safest city in the region. Being here you must always keep in mind your surroundings and be sure to monitor your things. Do not get involved in drunken fights and avoid the dark streets of the city. The center and the old city are relatively safe.
Why should I move to Wichita KS?
It offers the amenities of a larger metropolitan area and the neighborhood lifestyle of a suburb. Museums, art galleries, restaurants, and abundant green space make Wichita a popular place for visitors and residents. A low cost of living and reasonable housing costs make this area a desirable Midwest destination.
How much do you need to live comfortably in Wichita KS?
Wichita, Kansas
It costs just slightly more than $40,000 per year to live comfortably in Wichita, and that includes the costs associated with saving 20 percent of income and spending 30 percent to buy the occasional splurge, like family dinners out.
What is minimum wage in Wichita?
$7.25 per hour
Kansas Minimum Wage for 2021, 2022. Kansas’ state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate.
How much does it cost to live in Wichita KS?
Wichita cost of living is 82.1
| COST OF LIVING | Wichita | Kansas |
|---|---|---|
| Housing | 55.9 | 59.6 |
| Median Home Cost | $160,700 | $177,400 |
| Utilities | 103.5 | 104.4 |
| Transportation | 80.4 | 79.3 |
Is Wichita a fun city?
There is actually a lot of fun things to do.
With over 30 museums, art galleries, baseball games, botanical gardens, theaters, world class zoo and more there is always something to do. Independent film buffs will appreciate the Tallgrass Film Festival that Wichita hosts every year.
What percentage of Wichita Kansas is black?
10.32%
Wichita Demographics
According to the most recent ACS, the racial composition of Wichitawas: White: 72.60% Black or African American: 10.32%