Paxton, KS is a pleasant town located in the United States. The cost of living is quite affordable compared to other places in the country due to the 2 bedroom rent being just $780 per month, while the US average for a 2 bedroom is $1,430. The grocery cost index in Paxton is 93, which is lower than the US average of 100. There are multiple local businesses that make up the economy of this small town including Paxton Bakery, Paxton Hardware Store, and Paxton Farmers Market. All in all, Paxton is an excellent place to live with its low rent prices and cost of living.
Paxton has an unemployment rate of 1.8%. The US average is 6.0%.
Paxton has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Paxton
- The Sales Tax Rate for Paxton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Paxton 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 Paxton
- The average income of a Paxton resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Paxton resident is $155,556 a year. The US average is $69,021 a year.