Grenola, KS Economy


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United States / Kansas / No Metro Area / Elk County / Grenola / Zip Codes
Grenola, KS is a small town located in the state of Kansas. The population of Grenola is about 500 people. It is known for its peaceful atmosphere and low cost of living. \nThe rental costs for two-bedroom homes in Grenola are only $710 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index (GCI) in Grenola is 91 versus 100 in the US, making staple goods more affordable than most places across the country. \nLocal companies include Lumbering Station, a popular boutique specializing in home decor; Sentry Services Group LLC providing security solutions; as well as Emily's Housekeeping Services offering top class house cleaning services. With its close knit community, beautiful nature surrounding it and lower cost of living compared to the rest of US, Grenola makes for an attractive destination for those looking for a quiet place to live.

Grenola has an unemployment rate of 3.8%. The US average is 6.0%.

Grenola 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 Grenola
- The Sales Tax Rate for Grenola is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Grenola 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 Grenola
- The average income of a Grenola resident is $22,248 a year. The US average is $37,638 a year.
- The Median household income of a Grenola resident is $45,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrenola, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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