Velda City vs Lee's Summit: Housing
| Velda City | Lee's Summit | |
|---|---|---|
| Median Home Value | $49,500 | $340,900 |
| Median Gross Rent | $1,218/mo | $1,422/mo |
| Homeownership Rate | 60.3% | 73.4% |
| Rent as Share of Income | 39.4% | 16.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.