Horace, KS Economy


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United States / Kansas / No Metro Area / Greeley County / Horace / Zip Codes
Horace, KS is a small town located in the US state of Kansas. It has a population of less than 1,000 people and is an ideal place to live for those looking for more affordable living options. Rent for two bedroom homes in Horace, KS is $760 per month compared to the US average of $1,430 per month. Grocery costs are also much lower in Horace with the Grocery Cost Index coming in at 92 versus the national average of 100.
Horace boasts a number of local companies providing goods and services to its residents. Examples include Southwind Dermatology offering medical dermatology care, D-Construction & Trucking providing construction services, and Miller's Automotive Repair Services specializing in car repairs. Local businesses like these provide valuable services to Horace’s citizens allowing them to remain within their community and support local business growth.

Horace has an unemployment rate of 1.5%. The US average is 6.0%.

Horace has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 15.9%, which is lower than the US average of 33.5%.

Tax Rates for Horace
- The Sales Tax Rate for Horace is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Horace 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 Horace
- The average income of a Horace resident is $16,967 a year. The US average is $28,555 a year.
- The Median household income of a Horace resident is $64,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHorace, KansasUnited States
  1.56
  1.9%-6.2%
  15.9%33.5%
  7.5%6.2%
  5.7%4.6%
  $22,845$37,638
  $64,028$69,021
  $64,167$85,028
  Population by Occupation
  13.2%1.2%
  0.0%0.5%
  23.7%6.8%
  0.0%10.0%
  0.0%2.5%
  31.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.2%9.3%
  7.9%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  10.5%4.7%
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