Drum Creek, KS is a small town located in the Midwest with a population of about 4,000 people. This area is known for its low cost of living when compared to the US as a whole. The median two bedroom rent in Drum Creek is $710 per month compared to the US median of $1,430 per month. Additionally, the grocery cost index in Drum Creek is 90 versus 100 in the US according to Sperling’s Best Places (2020). Despite its small size, Drum Creek offers plenty of employment opportunities. Notable local companies include Farmers Mutual Insurance Company and Southwest Grain Feeders Incorporated.
Drum Creek has an unemployment rate of 4.7%. The US average is 6.0%.
Drum Creek has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.
Tax Rates for Drum Creek
- The Sales Tax Rate for Drum Creek is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Drum Creek 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 Drum Creek
- The average income of a Drum Creek resident is $56,657 a year. The US average is $37,638 a year.
- The Median household income of a Drum Creek resident is $71,028 a year. The US average is $69,021 a year.