Lincoln township (Smith County), KS Economy


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United States / Kansas / No Metro Area / Smith County / Lincoln township (Smith County) / Zip Codes
Lincoln township (Smith Cnty), KS is a wonderful place to live due to its affordable cost of living. The average rent for a 2 bedroom apartment in Lincoln township is $760, which is much lower than the U.S. average of $1,430. Additionally, the Grocery Cost Index in Lincoln township is 90 versus 100 in the U.S., further linking to its affordability. The economic landscape of Lincoln township provides many exciting opportunities for businesses and individuals alike. Local companies in this area include Smith County Bank, Creative Covers, and Animal Care Center Veterinary Clinic & Pet Resort. With these companies and more, combined with its affordability, Lincoln township (Smith Cnty), KS is an attractive place to live and work.

Lincoln township (Smith County) has an unemployment rate of 2.1%. The US average is 6.0%.

Lincoln township (Smith County) has seen the job market decrease by -0.8% 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 Lincoln township (Smith County)
- The Sales Tax Rate for Lincoln township (Smith County) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln township (Smith 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 (Smith County)
- The average income of a Lincoln township (Smith County) resident is $15,408 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln township (Smith County) resident is $121,518 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln township (Smith County), KansasUnited States
  2.16
  0.3%-6.2%
  15.1%33.5%
  8.5%6.2%
  5.7%4.6%
  $60,503$37,638
  $121,518$69,021
  $114,250$85,028
  Population by Occupation
  24.4%1.2%
  0.0%0.5%
  16.7%6.8%
  5.1%10.0%
  0.0%2.5%
  5.1%11.0%
  7.7%4.8%
  0.0%0.8%
  6.4%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.8%9.3%
  30.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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