South Salem, KS is a city with a moderate cost of living. Rent for two bedrooms in South Salem is $1,020 which is significantly lower than the national average of $1,430. The grocery cost index also shows that groceries are cheaper in South Salem than in other parts of the US with an index rate of 91 compared to 100 nationally. South Salem is home to several local businesses such as MBS Transportation, Purcell Industries and Professional Appraisal Services. It is also home to many restaurants and retail stores.
South Salem has an unemployment rate of 3.6%. The US average is 6.0%.
South Salem has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for South Salem
- The Sales Tax Rate for South Salem is 9.5%. The US average is 7.3%.
- The Income Tax Rate for South Salem 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 South Salem
- The average income of a South Salem resident is $23,650 a year. The US average is $28,555 a year.
- The Median household income of a South Salem resident is $88,750 a year. The US average is $69,021 a year.