Iola township, KS Economy


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United States / Kansas / No Metro Area / Allen County / Iola township / Zip Codes
Iola township, KS is a small town situated in the north-central part of Kansas. The town has a low cost of living indexed at 92 compared to the US average of 100. The average 2 bedroom rent is also lower than the national average at $720 compared to $1,430. There are many local businesses and attractions to take advantage of in Iola township, KS including The Great Plains Nature Center, Walmart Supercenter, La Cygne Lake and Marina, and Fort Scott National Historic Site. Additionally, visitors can explore nearby Marmaton Rivers for fishing, canoeing or camping out in nature.

Iola township has an unemployment rate of 3.6%. The US average is 6.0%.

Iola township has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Iola township
- The Sales Tax Rate for Iola township is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Iola township 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 Iola township
- The average income of a Iola township resident is $24,623 a year. The US average is $28,555 a year.
- The Median household income of a Iola township resident is $81,979 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIola township, KansasUnited States
  3.66
  -3.2%-6.2%
  17.2%33.5%
  7.8%6.2%
  5.7%4.6%
  $29,114$37,638
  $81,979$69,021
  $83,958$85,028
  Population by Occupation
  6.8%1.2%
  0.5%0.5%
  5.2%6.8%
  31.4%10.0%
  2.8%2.5%
  11.2%11.0%
  3.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  7.3%1.9%
  4.7%7.6%
  0.0%0.1%
  0.0%4.2%
  15.9%9.3%
  8.2%14.0%
  0.0%2.1%
  0.0%7.0%
  2.3%4.8%
  0.0%4.7%
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