Ransom, KS is a small town located in the western part of Kansas. It has a population of just over 300 people and offers an affordable cost of living. The average rent for a two bedroom apartment is $690 compared to the US average of $1,430. Groceries and other items are also relatively inexpensive with a grocery cost index of 91 versus 100 in the US. \nThis makes Ransom an attractive place for those looking to save money while still having access to amenities like parks and restaurants. The most notable companies in town include BankWest Financial Group, Ransom County Clinic, and Prairie Land Services Inc. Living in Ransom means having access to essential services while taking advantage of lower costs.
Ransom has an unemployment rate of 2.5%. The US average is 6.0%.
Ransom 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 1.5%, which is lower than the US average of 33.5%.
Tax Rates for Ransom
- The Sales Tax Rate for Ransom is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Ransom 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 Ransom
- The average income of a Ransom resident is $35,668 a year. The US average is $28,555 a year.
- The Median household income of a Ransom resident is $59,063 a year. The US average is $69,021 a year.