Barrett, KS Economy


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United States / Kansas / No Metro Area / Thomas County / Barrett / Zip Codes
Barrett, KS is an affordable place to call home. The average 2 bedroom rent is $760 a month which is much lower than the US average of $1,430. Groceries in Barrett are also more cost-effective with a grocery cost index of 94 versus 100 in the US. Local businesses include Barrett Feed and Grain, Barrett Dry Goods, and Barrett Mercantile Company. These businesses provide quality products and services for citizens of this small town.

Barrett has an unemployment rate of 2.0%. The US average is 6.0%.

Barrett has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Barrett
- The Sales Tax Rate for Barrett is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Barrett 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 Barrett
- The average income of a Barrett resident is $30,780 a year. The US average is $28,555 a year.
- The Median household income of a Barrett resident is $75,476 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarrett, KansasUnited States
  26
  -2.7%-6.2%
  19.5%33.5%
  8.0%6.2%
  5.7%4.6%
  $12,405$37,638
  $75,476$69,021
  $75,476$85,028
  Population by Occupation
  33.3%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  16.7%2.5%
  1.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  43.3%7.6%
  0.0%0.1%
  0.0%4.2%
  1.7%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  3.3%4.8%
  0.0%4.7%
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