Parsons, Kansas.
Typical home $78,136 (-1.4% in a year). Parsons, KS metro.
to buy the typical home at today's mortgage rate — +$203 (+98%) since Jan 2020.
- 1 year
- Down $1,088 -1%
- $79,224$78,136 since Sep 2025
- 5 years
- Up $11,202 +17%
- $66,934$78,136 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Parsons$410
- Kansas$1,291
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Parsons, KS fell 1.4% over the past year — slower than the nation's +1.2%.
Living in Parsons, Labette County, Kansas
Parsons is a city of 9,600 people in Labette County. Half its households earn more than $52,428 a year and half less, against $56,325 across Labette County; 21% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Labette County was 4.3% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Parsons is a small city in Labette County, with a median age on the older side and a commute that is short by most standards. Most homes are lived in by their owners, and typical home values are low. Incomes sit below the county's, and poverty is more common here than across much of the country. Winters are cold, with only a little snow, and summers are hot, with a fair amount of rain through the year.
Work. Many residents work in schools, hospitals and social care, followed by shops and manufacturing. Some of the largest workplaces in Parsons are Ducommun Aerostructures, which makes aircraft parts, Ruskin Company, a sheet metal manufacturer, and Walmart. Across Labette County, jobs slipped slightly last year, and unemployment is a little lower than it was a year ago. Fewer adults here hold a four-year degree than across the country, and few work from home.
Things to do. Parsons Arboretum, a botanical garden in or beside town, is the easiest place to spend an afternoon outdoors. Lake Parsons, a reservoir, and Neosho State Fishing Lake, a protected area, are both a short drive away and suit anglers and anyone after some quiet time by the water. For a longer outing, Elk City State Park and Big Hill Lake are a longer drive away.
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- 3,905households
- 22%of adults have a degree
- 21%below the poverty line
- 13 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Labette County had 8,501 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 22°; warmest in July, with highs near 90° and lows near 69°. About 7 inches of snow and 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Parsons Northwest weather station, 3 miles away (NOAA).
Largest workplaces in Parsons
- Ducommun AerostructuresOther aircraft parts and auxiliary equipment manufacturing314
- Ruskin CompanyHampers, laundry, sheet metal, manufacturing302
- WalmartWarehouse clubs and supercenters235
- Labette Community CollegeTwo-year college188
- Power FlameManufacturer of burners160
- Western CabinetsCabinets, kitchen, stock or custom wood, manufacturing112
- UPSCouriers and express delivery services76
- The Flesh CompanyOffset printing71
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 1,601 people in all. Colleges come from IPEDS (NCES, 2023–24). Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Ice stormsRelatively high
- Strong windRelatively high
- Winter weatherRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Parsons’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Labette County and the Parsons, KS metro.
Parsons home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Parsons$78,136
- Kansas$246,055
- United States$366,157
Sellers are cutting prices on about 1 in 4 Parsons listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Parsons26.83%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Parsons40
New listings per month
Sellers arriving at the market.
- Parsons11
Zip codes with a Parsons address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Parsons — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.