Fall River, KS is a small town located in the state of Kansas. It has a population of just over 600 people and is known for its rural charm and strong sense of community. The cost of living in Fall River, KS is quite reasonable compared to other parts of the United States. For example, rent for a two bedroom apartment averages $690 compared to $1,430 nationwide. Additionally, grocery costs are also lower with an index score of 88 versus 100 in the US as a whole.
The local economy consists mostly of farming and ranching but there are plenty of opportunities to shop locally such as at Andy's Produce or Chester's Grocery Store. There are also services such as car repair at Smith Automotive and appliance repair at Johnson Appliances for all your home maintenance needs.
Overall, Fall River, KS is an affordable place to live with a strong sense of community and plenty of local businesses to take care of all your needs.
Fall River has an unemployment rate of 3.6%. The US average is 6.0%.
Fall River has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Fall River
- The Sales Tax Rate for Fall River is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Fall River 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 Fall River
- The average income of a Fall River resident is $23,530 a year. The US average is $28,555 a year.
- The Median household income of a Fall River resident is $41,250 a year. The US average is $69,021 a year.