Canton, KS is a small town located in McPherson County. It is known for its rural charm and proximity to larger cities such as Wichita and Salina. Its cost of living is relatively low, with 2 bedroom rent coming in at $850 compared to $1,430 in the US as a whole. Additionally, local grocery costs are lower than the national average with a Grocery Cost Index of 94 versus 100. This makes Canton an appealing destination for those looking to save money while still enjoying the amenities that come from living in a close-knit community.
The city offers plenty of family-friendly activities including golfing at Red Rock Country Club, shopping at North Village Mall, fishing and swimming at nearby lakes, and exploring historic sites like Smoky Valley Ranch Museum & Oasis State Park. There are also numerous local businesses like Butler Manufacturing Co., Hamilton Caster & Mfg Co., and Kansas Food Service that provide employment opportunities to residents. Overall, Canton presents an ideal balance between affordability and quality of life -- making it an attractive place to live for individuals and families alike.
Canton has an unemployment rate of 2.5%. The US average is 6.0%.
Canton has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Canton
- The Sales Tax Rate for Canton is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Canton 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 Canton
- The average income of a Canton resident is $23,340 a year. The US average is $28,555 a year.
- The Median household income of a Canton resident is $57,375 a year. The US average is $69,021 a year.