Independence, KS is a great city to call home due to its low cost of living by comparison to the US as a whole. The 2 bedroom rent in Independence, KS is $700 versus $1,430 for the US at large. Additionally, the Grocery Cost Index in Independence, KS is 90 versus 100 in the US. There are many places to work in town such as Walmart and Tyson Foods Group Inc., providing job opportunities for local residents. In addition to these employers, there are others such as Freightquote by C.H Robinson and Indeck Power Equipment Co., that provide good wages helping local residents make ends meet while enjoying all that Independence has to offer.
Independence has an unemployment rate of 4.7%. The US average is 6.0%.
Independence has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.
Tax Rates for Independence
- The Sales Tax Rate for Independence is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence
- The average income of a Independence resident is $20,423 a year. The US average is $28,555 a year.
- The Median household income of a Independence resident is $44,565 a year. The US average is $69,021 a year.