Herington, KS is a small town with a unique charm. The cost of living here is relatively low compared to other US cities. A two bedroom rental averages $720, much less than the US average of $1,430. Grocery costs in Herington are also lower than national averages with an index of 91 versus 100 in the US. For those seeking the beauty and affordability of small-town living, Herington is an excellent option.
There are several well-known companies based in Herington such as Indian Motorcycle Company and Big Red Fireworks. Indian Motorcycles builds touring and custom motorcycles for riders around the world while Big Red Fireworks specializes in manufacturing fireworks sold throughout Kansas and Missouri. Both companies offer local employment opportunities for those who wish to stay close to home.
Herington has an unemployment rate of 3.6%. The US average is 6.0%.
Herington has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Herington
- The Sales Tax Rate for Herington is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Herington 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 Herington
- The average income of a Herington resident is $21,915 a year. The US average is $28,555 a year.
- The Median household income of a Herington resident is $58,354 a year. The US average is $69,021 a year.