Grainfield, KS is a small town with a population of around 700 people. The cost of living in Grainfield is quite low; for example, the average 2 bedroom rent in this area is just $770 per month compared to the US average of $1,430. The grocery cost index in Grainfield is 92 compared to 100 in the US.
Grainfield has several local businesses including an auto repair shop, a convenience store, a local restaurant and bar, and a post office. There are also several farm equipment dealers located nearby. The rural nature of this area makes it ideal for farming and ranching operations. Other attractions include several parks and outdoor activities such as hiking trails and fishing spots. With its low cost of living and proximity to nature it's easy to see why Grainfield remains one of the more desirable places to live in Kansas.
Grainfield has an unemployment rate of 2.0%. The US average is 6.0%.
Grainfield has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.
Tax Rates for Grainfield
- The Sales Tax Rate for Grainfield is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Grainfield 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 Grainfield
- The average income of a Grainfield resident is $23,585 a year. The US average is $28,555 a year.
- The Median household income of a Grainfield resident is $40,000 a year. The US average is $69,021 a year.