Independence township (Montgomery Cnty), KS is a small community situated in the Montgomery County area. The town features a variety of local businesses including a supermarket, restaurants, coffee shops, and boutiques. Living costs in Independence township are much lower than the national average; 2 bedroom rents come up to around $700 compared to the US average of $1,430. Groceries are relatively affordable too with an index rating of 90 vs 100 nationally. Despite the low cost of living, residents still enjoy all the amenities of bigger cities due to its convenient location in close proximity to larger towns like Kansas City.
Independence township has an unemployment rate of 4.7%. The US average is 6.0%.
Independence township has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.
Tax Rates for Independence township
- The Sales Tax Rate for Independence township is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence township
- The average income of a Independence township resident is $24,575 a year. The US average is $37,638 a year.
- The Median household income of a Independence township resident is $62,669 a year. The US average is $69,021 a year.