Hanover township, KS Economy


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United States / Kansas / No Metro Area / Washington County / Hanover township / Zip Codes
Hanover township, KS is an attractive location for its residents due to its affordable housing market. The average 2 bedroom rent in Hanover township is $810 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Hanover township is 92 versus 100 in the US; making groceries more affordable for local residents. There are numerous companies located in Hanover township such as Konza Technology Corporation and T-Ronix Communications Inc., offering employment opportunities to many residents. Those looking for a cost-effective place to live should consider Hanover township, KS as their new home.

Hanover township has an unemployment rate of 1.7%. The US average is 6.0%.

Hanover township has seen the job market increase by 4.5% over the last year. Future job growth over the next ten years is predicted to be 15.8%, which is lower than the US average of 33.5%.

Tax Rates for Hanover township
- The Sales Tax Rate for Hanover township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hanover township 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 Hanover township
- The average income of a Hanover township resident is $25,510 a year. The US average is $37,638 a year.
- The Median household income of a Hanover township resident is $53,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanover township, 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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