Homewood, KS Economy


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Homewood, KS is a great place to live with many local businesses providing jobs and entertainment. Companies like Walmart, Sky Zone Trampoline Park, and AMC Theatres are just a few of the popular spots found in the area. With an average 2-bedroom rent of $880 per month, the cost of living in Homewood is well below the US average of $1,430. According to the Grocery Cost Index, food prices in Homewood are also much lower than the national average at 94 versus 100. This makes Homewood an ideal location for those looking to save money while still enjoying all the amenities that come with living near a large city.

Homewood has an unemployment rate of 3.8%. The US average is 6.0%.

Homewood has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Homewood
- The Sales Tax Rate for Homewood is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Homewood 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 Homewood
- The average income of a Homewood resident is $18,962 a year. The US average is $28,555 a year.
- The Median household income of a Homewood resident is $128,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomewood, KansasUnited States
  3.86
  -1.2%-6.2%
  29.9%33.5%
  8.0%6.2%
  5.7%4.6%
  $57,477$37,638
  $128,500$69,021
  $159,484$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  10.0%6.8%
  3.2%10.0%
  0.0%2.5%
  18.1%11.0%
  12.4%4.8%
  6.2%0.8%
  0.0%1.9%
  15.1%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  2.4%4.2%
  13.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  9.7%4.7%
Health
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