Smith, KS Economy


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United States / Kansas / No Metro Area / Thomas County / Smith / Zip Codes
Smith, KS is a small town located in the Midwest. While it's population is unknown, Smith has two bedroom housing rentals that are significantly lower than the US average of $1,430 at only $700. Additionally, grocery costs in Smith are 7% below the US average index of 100. The local economy is diverse and includes companies such as Smith Manufacturing, a woodworking shop established in 2005 that produces custom furniture; Smith Technologies, which provides a variety of technology solutions to businesses; and Smith Home Services, that specializes in home repairs and installation work for residential customers.

Smith has an unemployment rate of 2.0%. The US average is 6.0%.

Smith has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Smith
- The Sales Tax Rate for Smith is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Smith 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 Smith
- The average income of a Smith resident is $18,066 a year. The US average is $28,555 a year.
- The Median household income of a Smith resident is $67,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmith, KansasUnited States
  26
  -2.7%-6.2%
  19.5%33.5%
  8.0%6.2%
  5.7%4.6%
  $34,406$37,638
  $67,250$69,021
  $102,813$85,028
  Population by Occupation
  20.4%1.2%
  0.7%0.5%
  5.6%6.8%
  0.7%10.0%
  9.2%2.5%
  2.8%11.0%
  0.7%4.8%
  0.0%0.8%
  0.0%1.9%
  5.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  21.1%9.3%
  5.6%14.0%
  1.4%2.1%
  7.7%7.0%
  16.2%4.8%
  2.1%4.7%
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