We have been on a tour d’horizon lately, analyzing various American states and identifying the wealthiest cities there. Recently, we have been focused on the Census-designated Midwest region of the United States, conducting studies of the richest cities in North Dakota and Minnesota. We’re continuing our analysis of the Midwest by now turning to the richest cities in Kansas.
We analyzed over 740 cities in the state in order to identify the richest cities in Kansas. The way in which we evaluated and scored each city’s ranking is detailed below.
Read on to find out what the richest city in Kansas is, plus the top 50 wealthiest cities in the state overall.
What Are the Richest Cities in Kansas?
In order to put together this list of the richest cities in Kansas, we sourced key financial data from the Census Bureau’s 2022 American Community Survey. From here, we constructed a four-factor scoring system to help identify the wealthiest cities in Kansas:
- Median household income
- Mean (average) household income
- Median home value
- Median property taxes paid
When it comes to Census data, keep these things in mind: For certain factors, the Census numbers have upper limits. For example, for median household income, the Census Bureau has an upper limit of “$250,000+”. For median home value, the upper limit is “$2,000,000+”. For median property taxes paid, the upper limit is “$10,000+”. For these reasons, the mean household income (which is the same as average household income) dataset is crucial because the Census Bureau has exact figures for it. All four of these metrics were scored, added up, and then ranked by the cities’ combined scores.
50 Richest Cities in Kansas
Below you’ll find a table detailing the top 50 richest cities in Kansas and their respective dollar figures for each metric:
The No. 1 richest city in Kansas in our ranking is Mission Hills, a suburb in the greater Kansas City area, laying along Kansas’ eastern border with Missouri. Across the board, Mission Hills had the highest scores. It has the highest median household income in Kansas, being in excess of $250,000. It also has the highest average household income at $483,849. Its median reported home value is nearly $1.6 million, with the median property taxes paid being in excess of $10,000. According to Data USA, the occupational breakdown makes sense for such a high-income city. The top category of occupations in Mission Hills is Management Occupations, accounting for 24.4% of the workforce. This is followed by Business & Financial Operations Occupations, with 19.7% of the workforce. And in third are Health Diagnosing & Treating Practitioners & Other Technical Occupations, accounting for 17.6% of the workforce. In terms of the city’s top industries, they are Professional, Scientific, & Technical Services (27.4% of the workforce), Health Care & Social Assistance (19.5% of the workforce), and Finance & Insurance (10.1% of the workforce).
The No. 2 richest city in Kansas is Mission Woods, which borders No. 1 Mission Hills right to the north. Mission Woods is significantly smaller than Mission Hills, being home to only 61 households. The median household income in Mission Woods is $198,750, which is the second highest in Kansas. The city’s average household income of $412,266 is also the second highest in the state. The median home value in Mission Woods is quite high at $716,700, but more than $300,000 less than that of Mission Hills. The median property taxes paid there are $7,500 per year. The breakdown of employment is very similar to Mission Hills. According to Data USA, the top three industries by employment are Health Care & Social Assistance (23.9% of the workforce), Professional, Scientific, & Technical Services (19.6% of the workforce), and Finance & Insurance (17.4% of the workforce).
Coming in at No. 3 on our list of the richest cities in Kansas is Lake Quivira, which is farther outside Kansas City than No. 1 and No. 2. It is named for the lake the city is centered on, Quivira Lake, which features the Lake Quivira Country Club on the north shore. The median household income in Lake Quivira is $166,875, while the average household income is the third highest in the state, at $292,445. The reported median home value in Lake Quivira is $692,600, while the median property taxes paid are $6,676 per year. According to Data USA, the top occupations in Lake Quivira are Management Occupations, accounting for 23.3% of the workforce, followed by Sales & Related Occupations, accounting for 22.6% of the workforce; and third are Legal Occupations, accounting for 10.5%. When it comes to industries, the top three are Professional, Scientific, & Technical Services (23% of the workforce), Manufacturing (9.77% of the workforce), and Wholesale Trade (8.6% of the workforce).
Source: www.forbes.com