Olivet township, KS is a charming small town with a population of about 5,000 people. This quaint city offers its residents an array of local businesses such as the Olivet Cafe, Olivet Post Office, and The Stop N Go convenience store. Renters in the area are fortunate to get great deals on two bedroom homes at only $780 per month. This is much lower than the United States average cost for similar housing which is approximately $1,430. Additionally, grocery costs in Olivet township are even cheaper than the national average with an index of 94 compared to 100 on the US index scale.
Olivet township has an unemployment rate of 3.6%. The US average is 6.0%.
Olivet township has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Olivet township
- The Sales Tax Rate for Olivet township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Olivet 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 Olivet township
- The average income of a Olivet township resident is $22,665 a year. The US average is $28,555 a year.
- The Median household income of a Olivet township resident is $78,750 a year. The US average is $69,021 a year.