Neosho Rapids, KS Economy


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Neosho Rapids, KS is a small rural town located in Lyon County. It has a population of 332 and is home to businesses such as Neosho Rapids Community Grocery Store, The Rusty Nail BBQ & Saloon, and Bob's Tire & Auto Repair. Three facts about this town include: 1) 2 Bedroom Rent is significantly lower than the US average, 2) the Grocery Cost Index in Neosho Rapids is 91 compared to 100 in the US, and 3) Neosho Rapids is surrounded by acres of rolling hills and farmland.

Neosho Rapids has an unemployment rate of 3.5%. The US average is 6.0%.

Neosho Rapids has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Neosho Rapids
- The Sales Tax Rate for Neosho Rapids is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Neosho Rapids 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 Neosho Rapids
- The average income of a Neosho Rapids resident is $23,127 a year. The US average is $28,555 a year.
- The Median household income of a Neosho Rapids resident is $57,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNeosho Rapids, KansasUnited States
  3.56
  -2.4%-6.2%
  27.5%33.5%
  7.5%6.2%
  5.7%4.6%
  $21,379$37,638
  $57,083$69,021
  $74,688$85,028
  Population by Occupation
  6.6%1.2%
  0.0%0.5%
  9.3%6.8%
  25.8%10.0%
  2.6%2.5%
  6.0%11.0%
  4.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.3%4.2%
  13.2%9.3%
  14.6%14.0%
  0.0%2.1%
  8.6%7.0%
  2.6%4.8%
  2.6%4.7%
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