Reading township, KS Economy


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Reading township, KS is a small town located in the west of Kansas state. It is known for its rural lifestyle and friendly community atmosphere. The average 2 bedroom rent in Reading Township is $810 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Reading township is 94 compared to 100 in the US, indicating that it may be easier to find affordable groceries here than elsewhere. There are several local companies based in Reading Township such as Red Farm Equipment, M&Q Auto Repair, and Kincaid's Canning Company that serve the community and beyond.

Reading township has an unemployment rate of 3.5%. The US average is 6.0%.

Reading township 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 Reading township
- The Sales Tax Rate for Reading township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Reading 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 Reading township
- The average income of a Reading township resident is $18,947 a year. The US average is $28,555 a year.
- The Median household income of a Reading township resident is $59,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReading township, KansasUnited States
  3.56
  -2.4%-6.2%
  27.5%33.5%
  7.5%6.2%
  5.7%4.6%
  $37,511$37,638
  $59,583$69,021
  $64,500$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  8.5%6.8%
  10.0%10.0%
  0.0%2.5%
  5.0%11.0%
  5.0%4.8%
  0.0%0.8%
  0.0%1.9%
  10.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.5%4.2%
  19.0%9.3%
  15.0%14.0%
  0.5%2.1%
  12.5%7.0%
  3.5%4.8%
  0.5%4.7%
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