Hugoton, Kansas is a small city with a population of 3,908 people. It is located in southwest Kansas and is known for its friendly people and rural way of life. The cost of living in Hugoton is quite low. The average 2 bedroom rent is $810 compared to the US average which is $1,430. Additionally, grocery costs are below average when compared to national averages with an index score of 93 versus 100 in the US. This makes Hugoton an attractive place for those looking for an affordable place to live without sacrificing quality amenities and services.
Local companies in Hugoton include Vision Bank, Southwest Medical Center, United Supermarkets, and Taylor Motors Inc., among others. These businesses provide essential services to the community and help keep local prices competitive while providing employment opportunities for locals. All in all, Hugoton provides an excellent quality of life at an affordable price point that can satisfy almost any budget.
Hugoton has an unemployment rate of 2.4%. The US average is 6.0%.
Hugoton has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 1.2%, which is lower than the US average of 33.5%.
Tax Rates for Hugoton
- The Sales Tax Rate for Hugoton is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Hugoton 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 Hugoton
- The average income of a Hugoton resident is $26,108 a year. The US average is $28,555 a year.
- The Median household income of a Hugoton resident is $60,864 a year. The US average is $69,021 a year.