Lebanon, KS is a small city located in Smith County with a population of 864. The cost of living is lower than the US average, with a 2 Bedroom Rent rate of $690 versus the US rate of $1430. The Grocery Cost Index in Lebanon is 87 compared to 100 in the US. Local companies include First State Bank, Central National Bank, and R & L Tire Sales. Popular activities in Lebanon include visiting the surrounding parks and golf courses, bicycling on trails around town, enjoying outdoor concerts at the local fairground amphitheater, and shopping at one of the specialty shops downtown.
Lebanon has an unemployment rate of 2.1%. The US average is 6.0%.
Lebanon has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon
- The Sales Tax Rate for Lebanon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lebanon 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 Lebanon
- The average income of a Lebanon resident is $17,865 a year. The US average is $28,555 a year.
- The Median household income of a Lebanon resident is $33,500 a year. The US average is $69,021 a year.