The ranking of the top 50 richest cities in Kansas has been compiled based on a four-factor scoring system using data from the Census Bureau’s 2022 American Community Survey. These factors include median household income, mean household income, median home value, and median property taxes paid. These metrics were scored, added up, and the cities were then ranked based on their combined scores.
The city that claimed the top spot as the wealthiest city in Kansas is Mission Hills, located in the greater Kansas City area along the state’s eastern border with Missouri. Mission Hills boasts the highest median household income in Kansas, with a reported figure of over $250,000. Additionally, the city has the highest average household income at $483,849, a median home value of nearly $1.6 million, and median property taxes exceeding $10,000. The city’s top industries include Professional, Scientific, & Technical Services, Health Care & Social Assistance, and Finance & Insurance.
Following closely behind at No. 2 is Mission Woods, a small city with only 61 households located just north of Mission Hills. Mission Woods has the second highest median household income in Kansas at $198,750, and the second highest average household income at $412,266. The median home value in Mission Woods is $716,700, housing approximately 61 households with median property taxes paid at $7,500 per year. The city’s top industries reflect those of Mission Hills, including Health Care & Social Assistance, Professional, Scientific, & Technical Services, and Finance & Insurance.
Rounding out the top three richest cities in Kansas is Lake Quivira, named after Quivira Lake where the city is centered around. Lake Quivira features the Lake Quivira Country Club on the north shore and has a median household income of $166,875. The average household income in Lake Quivira is the third highest in the state at $292,445, with a reported median home value of $692,600 and median property taxes of $6,676 per year. The city’s top occupations are Management Occupations, Sales & Related Occupations, and Legal Occupations, while the top industries include Professional, Scientific, & Technical Services, Manufacturing, and Wholesale Trade.
In addition to the top three richest cities, the ranking includes a table detailing the top 50 wealthiest cities in Kansas and their respective dollar figures for each metric. This comprehensive analysis provides valuable insight into the financial landscape of various cities across the state, shedding light on the disparities in income, property values, and tax burden among different communities. By utilizing the latest Census data, this ranking offers a detailed look at the economic prosperity of cities in Kansas, highlighting the factors that contribute to their wealth and economic success.
