Elwood, KS is a small town located in the eastern part of Kansas. It is known for its friendly people, affordable housing, and close proximity to amenities and major cities. On average, rent for a two bedroom apartment in Elwood is $850 per month, which is much lower than the national average of $1,430. The grocery cost index is also quite low at 92 compared to 100 nationally.
The town offers a number of local businesses and attractions. Notable employers include Kingman County Hospital and Kings Food Bank. When it comes to recreation there are plenty of options including nearby golf courses such as the Elwood Country Club or Lake Afton Park which features 12 miles of trails. With an affordable cost of living and plenty of activities for residents to enjoy Elwood may be just the place for you.
Elwood has an unemployment rate of 3.2%. The US average is 6.0%.
Elwood has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Elwood
- The Sales Tax Rate for Elwood is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Elwood 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 Elwood
- The average income of a Elwood resident is $18,817 a year. The US average is $28,555 a year.
- The Median household income of a Elwood resident is $40,714 a year. The US average is $69,021 a year.