Scranton township, KS is an economically prosperous area with a variety of local businesses. Rent for a two bedroom apartment in Scranton township is much more affordable than the US average at $990 compared to $1,430. The grocery cost index is also lower than the national average, standing at 94 where the US index is 100. Companies operating in Scranton township range from retail stores such as Walmart and Target to healthcare centers such as Mercy Health and Ascension Medical Group. The area has seen vast growth in recent years, allowing it to bring new jobs and investment into the area and helping to create an increasingly vibrant economic climate.
Scranton township has an unemployment rate of 3.6%. The US average is 6.0%.
Scranton 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 Scranton township
- The Sales Tax Rate for Scranton township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Scranton 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 Scranton township
- The average income of a Scranton township resident is $20,716 a year. The US average is $28,555 a year.
- The Median household income of a Scranton township resident is $49,696 a year. The US average is $69,021 a year.