Elk Falls township, KS is an affordable place to live and work. The two bedroom rent is $650 compared to the US average of $1,430 which makes it a great option for those looking to save money. Grocery costs are also low with the local index being 93 compared to the US index of 100. Companies in Elk Falls township, KS include Elk Falls Local Market, Hometown Cafe, and Auto Mechanic Supply Co., all providing quality goods and services at competitive prices. Overall, the cost of living in Elk Falls township is great for those looking to cut costs while still having access to everything they need.
Elk Falls township has an unemployment rate of 3.8%. The US average is 6.0%.
Elk Falls township has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Elk Falls township
- The Sales Tax Rate for Elk Falls township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Elk Falls township 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 Elk Falls township
- The average income of a Elk Falls township resident is $29,341 a year. The US average is $37,638 a year.
- The Median household income of a Elk Falls township resident is $73,092 a year. The US average is $69,021 a year.