Terry, KS Economy


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Terry, KS is a small town located in western Kansas. It is known for its friendly atmosphere and vibrant downtown. The cost of living in Terry, KS is quite affordable. Rent for a two-bedroom apartment is only $910 per month compared to the national average of $1,430, making it an ideal location for those looking to save money. Additionally, groceries are relatively inexpensive in Terry with an index of 96 compared to 100 in the US. Local companies include Anderson Automotive Group, Terry Lumber & Hardware Co., and Thrivent Financial. With its low-cost of living and abundance of businesses, Terry, KS is an ideal place to live for those looking for a safe and comfortable community that won't break the bank.

Terry has an unemployment rate of 2.3%. The US average is 6.0%.

Terry has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Terry
- The Sales Tax Rate for Terry is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Terry 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 Terry
- The average income of a Terry resident is $34,902 a year. The US average is $28,555 a year.
- The Median household income of a Terry resident is $53,864 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTerry, KansasUnited States
  2.36
  -1.3%-6.2%
  30.9%33.5%
  8.0%6.2%
  5.7%4.6%
  $46,954$37,638
  $53,864$69,021
Family Median Income 85028
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