Galt, KS Economy


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United States / Kansas / No Metro Area / Rice County / Galt / Zip Codes
Galt, KS is a small rural town located in the state of Kansas. The rent for two bedroom units is significantly lower than national average at $780 compared to the US figure of $1,430. The Grocery Cost Index for Galt, KS is also lower than the US average at 90 compared to 100. Companies located in Galt, KS are Green Country Farm Supply, a family owned farm supply store; Westlake Groceries, a local full service grocery store; and Galt Livestock Sales Inc., an agricultural livestock exchange.

Galt has an unemployment rate of 2.9%. The US average is 6.0%.

Galt 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 Galt
- The Sales Tax Rate for Galt is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Galt 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 Galt
- The average income of a Galt resident is $15,191 a year. The US average is $28,555 a year.
- The Median household income of a Galt resident is $114,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGalt, KansasUnited States
  2.96
  -4.7%-6.2%
  22.5%33.5%
  7.5%6.2%
  5.7%4.6%
  $47,119$37,638
  $114,688$69,021
  $136,406$85,028
  Population by Occupation
  11.3%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  11.3%11.0%
  18.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  11.3%1.9%
  5.6%7.6%
  0.0%0.1%
  0.0%4.2%
  5.6%9.3%
  31.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  5.6%4.7%
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