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Kansas City FAQ

kansas-city-skyline
There’s a buzz in the air about Kansas City, and for good reason! Below, find some information about why we like investing in KC:

We post DAILY updated information about the growth and exciting developments happening in and around our city! Follow us on any of our social media sites to stay in the loop!

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Demographics:

  • 62% of homes are single family detached houses
  • Average age of residents being 35 years old
  • Cost of living is 20% lower than US average
  • Cost of housing is 20% lower than US average
  • 38.6% of the population are renters

Housing:

  • Real Estate in the area appreciated by 0.95% last quarter, which equates to 3.8% annually.
  • Money Magazine ranked 3 of the metro area’s cities in the top 30 places to live.
  • Historically, KC offers real estate stability and predictability and hasn’t suffered greatly from property value depreciation or appreciation. KC is not likely to suffer from “big growth” that happens coastally, but has a proven track record of steady 5% growth year on year. As a result, sustainably high cash flows can be achieved by investors who are looking to capitalize on a long term investment strategy.

Business:

  • Major auto assembly plant (Ford & GM)
  • Major data processing firm (DST)
  • Companies with headquarters locally; Sprint Nextel, Hallmark, H&R Block, AMC theatres, Levi, Applebees, Russel Stovers, etc.
  • Huge healthcare software company (Cerner)
  • Garmin

New and Upcoming Growth and Developments:

  • KC Power & Light District-$850 million entertainment district opened 2005
  • Sprint Center- arena in the heart of the center opened 2007
  • Google selected KC as its first location for Google Fiber 2013
  • KC Streetcar (transit system) set to open in 2015 $100 million development
  • KC already known as the “Paris of the Plains” additionally became the “Silicone Prairie” due to the surge of startups moving to the city

Colleges & Universities in and around Downtown:

  • UMKC
  • KU Med
  • KC Art Institute
  • Rockhurst University
  • Avila University
  • Park University
  • KCK Community College
  • Grantham University
  • Calvary Bible College

Hospitals in & around Downtown

  • Children’s Mercy
  • Research Medical Center
  • Saint Lukes
  • St. Joseph Medical Center
  • Truman Medical Center