Luray, KS is a small town located in the northeast corner of Kansas. It has a population of around 1,000 and is located near both the Nebraska and Missouri borders. The cost of living in Luray is relatively low with 2 bedroom rentals costing just $710 per month compared to the national average of $1,430 for the same size rental unit. Grocery costs are also lower than the national average with an index score of 89 compared to 100 in the US . \nThe local economy is largely based on farming and ranching however there are several businesses in town including a grocery store, hardware store, several restaurants and even a bank. There are plenty of outdoor activities to enjoy including fishing at nearby Wilson Lake or visiting Highway 24 which has some scenic views along its route. For those looking for some indoor fun there is an arcade as well as bowling alley both located within city limits. In short Luray offers its residents an affordable lifestyle surrounded by plenty of natural beauty and recreational activities.
Luray has an unemployment rate of 2.8%. The US average is 6.0%.
Luray has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 10.7%, which is lower than the US average of 33.5%.
Tax Rates for Luray
- The Sales Tax Rate for Luray is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Luray 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 Luray
- The average income of a Luray resident is $24,056 a year. The US average is $28,555 a year.
- The Median household income of a Luray resident is $54,688 a year. The US average is $69,021 a year.