Bennett, KS Economy


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Bennett, KS is a small town with a population of just over 500 people. It's an ideal place for anyone looking to enjoy a quiet and peaceful life away from the hustle and bustle of larger cities. The average rent for a two bedroom apartment is only $800 per month, making it much more affordable than many of the other towns in the area with similar amenities. In addition, the grocery cost index is 91 compared to the US average of 100, so food costs in Bennett are relatively low as well.
Residents of Bennett can find plenty to do and shop for in the local area. There are several businesses located throughout town including a gas station, grocery store, bank, pharmacy, liquor store, hardware store and repair shops. The town also has its own school district which serves elementary through high school students.
Overall Bennett is an ideal place for those looking for affordable housing options and lower cost of living. The small population size means there's plenty of opportunity to get involved in community activities or start new ventures within the city limits. Residents can take advantage of all that this peaceful town has to offer while enjoying the benefits of living in a smaller location without having to sacrifice any modern amenities or services.

Bennett has an unemployment rate of 3.8%. The US average is 6.0%.

Bennett has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Bennett
- The Sales Tax Rate for Bennett is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bennett 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 Bennett
- The average income of a Bennett resident is $25,325 a year. The US average is $37,638 a year.
- The Median household income of a Bennett resident is $44,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBennett, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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