Summerfield, KS is an affordable place to live. The two bedroom rent in Summerfield, KS is $810 compared to the US two bedroom rent of $1,430, making it much more affordable for renters. Grocery costs are also lower in Summerfield, KS with a grocery cost index of 89 versus 100 in the US. There are many local businesses in Summerfield such as Downtown IGA Grocery Store, Summerfield Veterinary Clinic, and Rod's Automotive Repair. These businesses offer a variety of services as well as job opportunities to the town's residents. Living in Summerfield can provide a great quality of life while still being able to save money on housing and groceries when compared to the US average.
Summerfield has an unemployment rate of 2.3%. The US average is 6.0%.
Summerfield has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Summerfield
- The Sales Tax Rate for Summerfield is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Summerfield 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 Summerfield
- The average income of a Summerfield resident is $19,831 a year. The US average is $28,555 a year.
- The Median household income of a Summerfield resident is $51,250 a year. The US average is $69,021 a year.