Lane, KS Economy


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Lane, KS is a small town located in the United States. It is known for its low cost of living and close-knit community. The average two bedroom rent in Lane, KS is significantly lower than that of the US at $1,100, while the Grocery Cost Index is 94 compared to 100 in the US. This makes it easier for people to afford living costs in Lane.
The town is home to several local businesses such as “Beacon Glass”, a glass company that offers window installation and repair services; “Kilner & Sons”, a family owned auto body shop; and “Giles Produce”, a local grocery store selling fresh produce from nearby farms. These businesses make up an important part of Lane's economy and provide local jobs for citizens.
All-in-all, Lane is an affordable place to live with low rents and costs of goods and services. There are also plenty of local businesses which provide employment opportunities for residents. This combination makes Lane an attractive location for those looking to live on a budget without sacrificing quality of life.

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

Lane 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 Lane
- The Sales Tax Rate for Lane is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Lane 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 Lane
- The average income of a Lane resident is $21,510 a year. The US average is $28,555 a year.
- The Median household income of a Lane resident is $33,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLane, KansasUnited States
  3.86
  -1.2%-6.2%
  29.9%33.5%
  8.0%6.2%
  5.7%4.6%
  $18,833$37,638
  $33,958$69,021
  $51,250$85,028
  Population by Occupation
  3.0%1.2%
  3.0%0.5%
  7.6%6.8%
  6.1%10.0%
  10.6%2.5%
  21.2%11.0%
  6.1%4.8%
  0.0%0.8%
  3.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  0.0%4.2%
  3.0%9.3%
  15.2%14.0%
  0.0%2.1%
  10.6%7.0%
  1.5%4.8%
  7.6%4.7%
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