Granite, KS Economy


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United States / Kansas / No Metro Area / Phillips County / Granite / Zip Codes
Granite, KS is a growing town with plenty of employment and recreational opportunities. Rent for two-bedroom apartments in Granite, KS is significantly lower than the US average, at $800 compared to $1,430. Grocery costs are also more affordable here, with an index score of 90 compared to 100 in the US. The area boasts several local businesses ranging from convenience stores such as the Granite Mart to larger companies such as A & H Electric, which provide electrical services throughout the area. Additionally, Granite is home to numerous restaurants offering both traditional cuisine and creative dishes for all tastes. With its low cost of living and ample job opportunities, Granite offers something for everyone.

Granite has an unemployment rate of 2.3%. The US average is 6.0%.

Granite has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Granite
- The Sales Tax Rate for Granite is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Granite 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 Granite
- The average income of a Granite resident is $40,629 a year. The US average is $37,638 a year.
- The Median household income of a Granite resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranite, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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