Wichita, KS · Kansas
Butler County
ZIP 67132
67,916 residents261 permits TTM$80,375 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$199,600
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.7%
HUD FMR ÷ ACS HHI
Net migration
+1.73%
IRS SOI
Permits (TTM)
261
Census BPS
Climate risk
74.4
FEMA NRI (0–100)
ZIP 67132
Median home value
$199,600
Gross yield
6.3%
Cap rate
5.9%
Rent gap
6.3%
Affordability
P/I: 2.5R/I: —
Section 8 detail
SAFMR: $1,050Rent: $984Gap: 6.7%
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 67042 | $167,129 | $1,000 | 7.2% | 6.7% | 6.2% |
| 67132 | $199,600county est. | $1,050 | 6.3% | 5.9% | 6.3% |
| 67123 | $199,600county est. | $890 | 5.4% | 5.9% | -10.6% |
| 67041 | $199,600county est. | $1,030 | 6.2% | 5.9% | 4.5% |
| 67010 | $215,091 | $1,180 | 6.6% | 5.5% | 16.6% |
Ranked by composite score
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Demographics
Owner-occupied
78.2%
Census ACS
Vacancy rate
7.9%
Census ACS
Bachelor's degree +
32.6%
Census ACS
Rent burdened
43.0%
Census ACS (>30% income)
Median age
38.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026