Counties / Kansas / Grant County

Grant County, KS

FIPS 20067 · population 7,229 · outside every metro area

$162k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$162k
▲ 7.0% year over year
Zillow ZHVI · direct
ACS median gross rent
$718
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$877
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+28.1%not annualized · through 2025
0%ZILLOW ZHVI2026-06+7.0%FHFA HPI2025+5.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$110k
Surveyed gross rent$718
Rent burden 30%+25.9%
Median year built1974
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
18.9%vacant
2,933estimated housing units
Occupied tenure23.3% renter
owner 76.7%renter 23.3%
Structure mix70.8% single-family
Single-family 70.8%20+ units 0.0%Mobile home 22.9%Other 6.3%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs2,672▲ 8.4% from the prior annual release
Covered establishments225annual average reporting locations
Average weekly wage$1,027▲ 6.0% from the prior annual release
Largest private supersectorTrade, transportation, and utilities34.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+8.4%WEEKLY WAGE+6.0%Trade, transportation, and utilities34.6%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Grant County’s central tension is an appreciating county value signal without observed market rent to establish income support. It warrants local diligence by buyers able to verify leases and insurance; those requiring a demonstrated yield or broad exit-market evidence should be cautious. Zillow’s county median home value was $162,250 in 2026-06, with a 7.01% year-over-year increase. Separately, FHFA’s repeat-transaction HPI rose 5.29% in 2025. These measures point in the same direction but use different methods and vintages, so they cannot be averaged into one appreciation rate.

02Housing economics

No median asking market rent is published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $877 per month is a payment standard, not an estimate of asking rent, and cannot substitute for rent. Carrying-cost review begins with the 1.51% effective property-tax rate and $1,670 median annual tax; neither predicts a specific parcel’s bill. Current achievable rent, vacancy, operating expenses, insurance quotes and parcel tax records are necessary before the price signal can support cash-flow underwriting.

03Demand & competition

Demand and buyer-competition evidence is mixed rather than proof of absorption. QCEW’s annual workplace employment grew 8.40%; this is covered employment located in the county, not resident employment, unemployment or a forecast. Tax-return migration shows a calculated net loss of 66 households, alongside an incoming-versus-outgoing mover-income gap of negative $16,008. Of 33 recorded purchases, the investor share was 0%, which limits evidence of investor competition but does not establish owner-occupier demand. Realtor.com MLS listing measures for 2026-06 are not published, preventing assessment of asking-price levels, visible supply, marketing time, reductions and pending activity.

04Risk & next checks

Inland flood is the stated dominant hazard, and the modeled annual climate loss ratio is 0.10% of building value. That model is neither a parcel flood determination nor an insurance quote, so flood-zone status, elevation, prior losses, coverage availability, deductible terms and replacement cost need verification. Missing closed-sale comparables, property condition, lease evidence and the unavailable Realtor metrics prevent a conclusion on exit liquidity, buyer depth or income durability at the property level.

Cities & communities

Where people live within Grant County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Ulysses city5.5K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

1 Census places

Population
  1. 01
    Ulysses cityIncorporated place
    5,476

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.097% of building value expected lost per year

Effective property tax1.51%

$1,670 median annual bill

02
DemandIRS SOI household flows
Net migration-66

122 in · 188 out

Arriving vs leaving income−$16,008

$42,689 arriving · $58,697 leaving

03
CompetitionHMDA financed purchases
Purchases by investors0.0%

0 of 33 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Achievable rent, vacancy and operating costs may not support acquisition economics because market rent is unpublished.
  2. Parcel-specific flood exposure and insurance terms may differ materially from the county climate model.
  3. Missing listing and sale evidence may reveal slower liquidity or weaker buyer depth than county indicators suggest.
Underwriting questions

Before pricing a property

Is a gross yield available from the record?

No. Market asking rent is not published, and HUD FMR cannot be used as market rent.

What does the FHFA figure measure?

It is a repeat-transaction home-price appreciation index, not a dollar home value.

What investor participation is reported among purchases?

The record reports a 0% investor share across 33 recorded purchases.