Lincoln township (Rice Cnty), KS is an affordable place to live. According to the data given, rent for a two bedroom apartment is only $640, while the US average for a two bedroom apartment is $1,430. Additionally, the Grocery Cost Index in Lincoln township (Rice Cnty) is 86 compared to that of 100 in the US. This indicates that everyday commodities such as food are relatively cheaper in this area. Local businesses include Rice County Coop Exchange, Rice County Electric Coop and N&M Feed & Supply. Overall, individuals who choose to reside in Lincoln township (Rice Cnty), KS will benefit from lower than average costs of living in areas such as rent and groceries.
Lincoln township (Rice County) has an unemployment rate of 2.9%. The US average is 6.0%.
Lincoln township (Rice County) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln township (Rice County)
- The Sales Tax Rate for Lincoln township (Rice County) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln township (Rice County) 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 Lincoln township (Rice County)
- The average income of a Lincoln township (Rice County) resident is $19,590 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln township (Rice County) resident is $52,188 a year. The US average is $69,021 a year.