Key West, KS Economy


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United States / Kansas / No Metro Area / Coffey County / Key West / Zip Codes
Key West, KS is a small town located in the Midwest of the United States. It has an estimated population of less than 500 people and is a great place to live for those who are looking for an affordable cost of living. The average 2 bedroom rent in Key West is $760 compared to the US average of $1,430, making it much more affordable than many other locations. Even grocery prices are lower than the national average with a grocery cost index of 94 versus 100 in the US.
The small size of Key West means there aren't too many businesses or attractions, but there are still plenty of things to do. The local movie theater hosts regular showings and often premieres new films, while local shops like Heidi's Boutique offer unique boutique style clothes and accessories. There are also plenty of outdoor activities available such as fishing at Snow Lake or exploring Monarch Cave Park for some adventure. Local festivals such as JazzFest bring in people from near and far every year to enjoy delicious food, music from top notch performers, and family-friendly fun. No matter what you're interested in doing, Key West offers something special for everyone!

Key West has an unemployment rate of 3.5%. The US average is 6.0%.

Key West has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 1.0%, which is lower than the US average of 33.5%.

Tax Rates for Key West
- The Sales Tax Rate for Key West is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Key West 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 Key West
- The average income of a Key West resident is $34,228 a year. The US average is $37,638 a year.
- The Median household income of a Key West resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKey West, KansasUnited States
  3.56
  -3.5%-6.2%
  1.0%33.5%
  6.5%6.2%
  5.7%4.6%
  $34,228$37,638
  $67,500$69,021
  $67,500$85,028
  Population by Occupation
  5.2%1.2%
  7.2%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  47.4%11.0%
  0.0%4.8%
  21.6%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%
  0.0%9.3%
  13.4%14.0%
  0.0%2.1%
  5.2%7.0%
  0.0%4.8%
  0.0%4.7%
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