Cheney, KS Economy


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Cheney, KS is a small town located in the Midwest. It has a low cost of living compared to many other states in the US. The median 2 bedroom rent is $1,030, which is significantly lower than the US median of $1,430. Additionally, Cheney's grocery cost index is 97 compared to 100 in the US. There are a variety of local companies based in Cheney that offer diverse products and services. For instance, Hansen Manufacturing specializes in custom metal fabrication services while Seward Orchards provides fresh fruit and produce to residents. Cheney also has a few restaurants such as La Estancia Mexican Cuisine and Pizza Palace that serve delicious food items.

Cheney has an unemployment rate of 5.6%. The US average is 6.0%.

Cheney has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Cheney
- The Sales Tax Rate for Cheney is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cheney is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cheney
- The average income of a Cheney resident is $33,978 a year. The US average is $28,555 a year.
- The Median household income of a Cheney resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCheney, KansasUnited States
  5.66
  -4.0%-6.2%
  24.6%33.5%
  7.5%6.2%
  5.7%4.6%
  $27,194$37,638
  $65,000$69,021
  $74,545$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.5%6.8%
  19.5%10.0%
  3.1%2.5%
  13.7%11.0%
  2.0%4.8%
  0.7%0.8%
  0.7%1.9%
  3.7%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  4.6%4.2%
  16.5%9.3%
  8.9%14.0%
  1.9%2.1%
  7.9%7.0%
  2.3%4.8%
  4.2%4.7%
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