Gorham, KS is a small town located in Russell County. With a population of around 600 people, it is known for being a close knit community with friendly locals. The cost of living in Gorham is incredibly affordable; for example, the average 2 bedroom rent is $870 compared to the US average of $1,430. The grocery cost index in Gorham is 92 versus 100 in the US. There are many locally owned businesses here, such as Gorham Café and Los Molcajetes Mexican Restaurant that attract visitors from all over the state. The local economy also benefits from an agricultural industry that employs many locals and contributes to the overall economy.
Gorham has an unemployment rate of 2.8%. The US average is 6.0%.
Gorham has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 10.7%, which is lower than the US average of 33.5%.
Tax Rates for Gorham
- The Sales Tax Rate for Gorham is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Gorham 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 Gorham
- The average income of a Gorham resident is $25,655 a year. The US average is $28,555 a year.
- The Median household income of a Gorham resident is $57,794 a year. The US average is $69,021 a year.