Driftwood, KS Economy


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United States / Kansas / No Metro Area / Rawlins County / Driftwood / Zip Codes
Driftwood, KS is a small town located in the state of Kansas. It has a population of about 1,000 people and is known for its friendly atmosphere and low cost of living. The average two bedroom rent in Driftwood is just $830 compared to the US average of $1,430, making it an affordable place to live. The local grocery cost index is also significantly lower than the national average at 93 versus 100. Local companies in Driftwood include Bob's Repair Shop and Jen's Pet Store. With low rent prices and grocery costs, Driftwood makes an ideal place for those looking for a small town with an affordable cost of living.

Driftwood has an unemployment rate of 1.9%. The US average is 6.0%.

Driftwood has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Driftwood
- The Sales Tax Rate for Driftwood is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Driftwood 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 Driftwood
- The average income of a Driftwood resident is $14,016 a year. The US average is $28,555 a year.
- The Median household income of a Driftwood resident is $29,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDriftwood, KansasUnited States
  1.96
  3.1%-6.2%
  18.6%33.5%
  7.5%6.2%
  5.7%4.6%
  $12,096$37,638
  $29,519$69,021
  $28,606$85,028
  Population by Occupation
  48.9%1.2%
  21.6%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  29.5%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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