Lancaster, KS is a small town located near Topeka. It is known for its quaint atmosphere and friendly people. The cost of rent in Lancaster is significantly lower than the US average at only $760 for a two-bedroom apartment compared to the US 2 Bedroom Rent average of $1,430. In addition to lower housing costs, Lancaster also has a lower grocery cost index than the national average with 94 versus 100 in the US. This makes it is an ideal place to settle down while enjoying all that comes with living in small town Kansas. Local companies in Lancaster include Hunter's Concrete Construction, JM & Sons Carpet Cleaning, Visionary Communications, and Power & Heating Solutions. All of these businesses provide important services to locals and contribute to the economy of Lancaster.
Lancaster has an unemployment rate of 4.5%. The US average is 6.0%.
Lancaster has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Lancaster
- The Sales Tax Rate for Lancaster is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Lancaster 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 Lancaster
- The average income of a Lancaster resident is $17,497 a year. The US average is $37,638 a year.
- The Median household income of a Lancaster resident is $38,000 a year. The US average is $69,021 a year.