Kensington, KS is an attractive place to live due to its affordability. The 2 bedroom rent in Kensington is $690, which is more than half the cost of a two bedroom rent in the US at $1,430. This makes it easier for residents to stretch their budget further while still living in a great location. Grocery costs are generally lower in Kensington as well, with a grocery cost index of 90 versus 100 in the US. \nKensington has plenty of attractions for everyone, ranging from shopping centers like K&G Fashion Superstore to outdoor activities like Lake Hudson State Park and Techumseh State Fishing Lake. There are also many local businesses that contribute to the economy such as K-9 Solutions Pet Care and Kansas City Dry Cleaners. Living in Kensington can offer both affordability and entertainment opportunities.
Kensington has an unemployment rate of 2.1%. The US average is 6.0%.
Kensington has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Kensington
- The Sales Tax Rate for Kensington is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Kensington 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 Kensington
- The average income of a Kensington resident is $25,773 a year. The US average is $37,638 a year.
- The Median household income of a Kensington resident is $45,417 a year. The US average is $69,021 a year.