Elm, KS is a small town located in the central region of Kansas. It has a population of just over 2 thousand people and is known for its friendly atmosphere and strong sense of community. Living in Elm is an affordable option with average 2 bedroom rent at only $730 compared to the US average at $1,430. Additionally, grocery costs in Elm are about 91 compared to 100 in the US. Local companies include Mr. G’s convenience store, Alerus Financial Corporation, and El Dorado Federal Credit Union. The advantages of living in Elm include affordable prices for goods & services, a close-knit community with strong values, as well as plenty of outdoor activities such as hiking trails and scenic nature parks.
Elm has an unemployment rate of 3.6%. The US average is 6.0%.
Elm has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Elm
- The Sales Tax Rate for Elm is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Elm 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 Elm
- The average income of a Elm resident is $18,775 a year. The US average is $28,555 a year.
- The Median household income of a Elm resident is $60,603 a year. The US average is $69,021 a year.