Leoti, KS is a small town with a population of around 1,900 people. It is located in Wichita County and has an affordable rental market making it an attractive option for those looking for smaller town living. The two bedroom rent in Leoti is $690 compared to the US average of $1,430, while the Grocery Cost Index is 92 compared to the US average of 100. This makes Leoti a great choice for those wanting to save money while living in a close-knit community. Local companies include Bradfield Electric Company, Double J Farms Inc., and Silver Lake Restaurant & Lounge. These businesses offer services such as electrical repairs, farming supplies, and delicious meals. Visitors can experience activities such as fishing at Fossil Creek Lake or going on a safari at Rolling Hills Zoo. With its low cost of living and variety of activities available, Leoti is sure to provide something for all residents.
Leoti has an unemployment rate of 2.1%. The US average is 6.0%.
Leoti has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Leoti
- The Sales Tax Rate for Leoti is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Leoti 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 Leoti
- The average income of a Leoti resident is $26,805 a year. The US average is $37,638 a year.
- The Median household income of a Leoti resident is $60,781 a year. The US average is $69,021 a year.