Valley Falls, KS is an attractive place to live due to its affordable cost of living. The average rent for a two-bedroom apartment is $770 per month, which is much lower than the national average of $1,430. Similarly, the grocery cost index in Valley Falls is 94 compared to the US average of 100. This low cost of living makes Valley Falls a great place for people looking for a more budget-friendly lifestyle.
The town has a variety of local businesses offering services and products such as hardware stores, auto repair shops and restaurants. In addition to those businesses, Valley Falls also offers job opportunities in various fields such as healthcare, education and construction. With its affordable cost of living and range of businesses and jobs available, Valley Falls is an ideal location for those looking for a small-town atmosphere with big city amenities.
Valley Falls has an unemployment rate of 3.4%. The US average is 6.0%.
Valley Falls has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Valley Falls
- The Sales Tax Rate for Valley Falls is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Valley Falls 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 Valley Falls
- The average income of a Valley Falls resident is $25,053 a year. The US average is $28,555 a year.
- The Median household income of a Valley Falls resident is $44,474 a year. The US average is $69,021 a year.