Solomon, KS is a small city in Kansas with a population of about 1,000 people. Living expenses are much lower than the national average; 2 bedroom rent costs around $850 per month compared to $1,430 across the US. The Grocery Cost Index in Solomon is 94 compared to 100 in the US.
Solomon has many local businesses which offer goods and services for its citizens and visitors. Two popular companies include K & M repair shop which specializes in automotive repairs, and Wagner Family Farms which sells vegetables grown from their own farm. Other local businesses include Solomon Family Pharmacy, Solomon Floral Shop, and Tom’s Hardware Store.
Solomon has an unemployment rate of 3.6%. The US average is 6.0%.
Solomon 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 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Solomon
- The Sales Tax Rate for Solomon is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Solomon 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 Solomon
- The average income of a Solomon resident is $20,802 a year. The US average is $28,555 a year.
- The Median household income of a Solomon resident is $68,229 a year. The US average is $69,021 a year.