Farmer township (Rice County), KS Economy


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United States / Kansas / No Metro Area / Rice County / Farmer township (Rice County) / Zip Codes
Farmer Township (Rice County), KS is an affordable place to live. Rent for a two-bedroom apartment is $730 per month, which is much less expensive than the US average of $1,430. Groceries in Farmer Township are also cheaper than the national average; the Grocery Cost Index is 90 versus 100 in the US.
The town of Farmer Township has many amenities to offer its residents. Local businesses include a gas station, grocery store, bank, and hardware store. There are several restaurants nearby as well as a movie theater and bowling alley for entertainment. Outdoor enthusiasts will enjoy exploring Rice County Park with picnic areas, fishing ponds, walking trails, and a playground for children. The area also has plenty of shopping centers with clothing stores, furniture shops, and bookstores.

Farmer township (Rice County) has an unemployment rate of 2.9%. The US average is 6.0%.

Farmer township (Rice County) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Farmer township (Rice County)
- The Sales Tax Rate for Farmer township (Rice County) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Farmer township (Rice County) 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 Farmer township (Rice County)
- The average income of a Farmer township (Rice County) resident is $24,529 a year. The US average is $28,555 a year.
- The Median household income of a Farmer township (Rice County) resident is $32,279 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmer township (Rice County), KansasUnited States
  2.96
  -4.7%-6.2%
  22.5%33.5%
  7.5%6.2%
  5.7%4.6%
  $24,008$37,638
  $32,279$69,021
  $63,750$85,028
  Population by Occupation
  18.6%1.2%
  3.1%0.5%
  9.3%6.8%
  11.6%10.0%
  6.2%2.5%
  6.2%11.0%
  4.7%4.8%
  0.8%0.8%
  0.8%1.9%
  4.7%4.7%
  1.6%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  5.4%9.3%
  14.0%14.0%
  2.3%2.1%
  1.6%7.0%
  3.1%4.8%
  6.2%4.7%
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