Smiley face
Weather     Live Markets

The analysis of the Midwest region now focuses on the richest cities in Kansas. By evaluating over 740 cities in the state, the top 50 wealthiest cities in the state have been identified. The scoring system used in the evaluation is based on median household income, mean household income, median home value, and median property taxes paid.

In the ranking of the richest cities in Kansas, Mission Hills emerged as the top city. Located in the greater Kansas City area along the eastern border with Missouri, Mission Hills boasts the highest median household income exceeding $250,000, alongside the highest average household income of $483,849. The median home value in Mission Hills is nearly $1.6 million, with property taxes averaging over $10,000. The city’s workforce is dominated by Management Occupations, Business & Financial Operations Occupations, and Health Diagnosing & Treating Practitioners & Other Technical Occupations, with top industries being Professional, Scientific, & Technical Services, Health Care & Social Assistance, and Finance & Insurance.

Following closely behind Mission Hills is Mission Woods, ranking as the second richest city in Kansas. With only 61 households, Mission Woods has a median household income of $198,750 and an average household income of $412,266. The median home value in Mission Woods is $716,700, with property taxes amounting to $7,500 annually. Employment in Mission Woods mirrors that of Mission Hills, with top industries including Health Care & Social Assistance, Professional, Scientific, & Technical Services, and Finance & Insurance.

Lake Quivira secured the third spot in the list of the richest cities in Kansas. Located farther from Kansas City, Lake Quivira is named after the central Quivira Lake and is home to the Lake Quivira Country Club. With a median household income of $166,875 and an average household income of $292,445, Lake Quivira boasts a median home value of $692,600 and median property taxes of $6,676 per year. The workforce in Lake Quivira is primarily composed of Management Occupations, Sales & Related Occupations, and Legal Occupations, with top industries being Professional, Scientific, & Technical Services, Manufacturing, and Wholesale Trade.

The list of the top 50 richest cities in Kansas provides a comprehensive overview of the economic landscape of the state, showcasing the disparities in wealth and income distribution. By utilizing data from the Census Bureau’s American Community Survey and implementing a scoring system, the analysis sheds light on the wealthiest cities in Kansas and the factors contributing to their economic prosperity. As the Midwest region continues to be explored, the focus on individual states and cities offers valuable insights into the socioeconomic dynamics at play across the United States.

Share.
© 2024 Globe Echo. All Rights Reserved.