Lone Elm township, KS is a small town with a population of around 8,000 people. It is known for its excellent schools and great outdoor activities. The cost of living in Lone Elm township is relatively low; rent for a two-bedroom apartment averages at $800 per month while the US average is at $1,430. Grocery costs are also lower than the national index at 92 versus 100 in the US. Many local businesses in Lone Elm such as Thrifty Foods and Lone Elm Outfitters offer quality products at an affordable price, allowing residents to enjoy goods without breaking the bank. With its low rent prices and grocery costs, Lone Elm township offers an attractive cost of living for those looking to escape high taxes and prices found in larger cities.
Lone Elm township has an unemployment rate of 2.8%. The US average is 6.0%.
Lone Elm township has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Lone Elm township
- The Sales Tax Rate for Lone Elm township is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lone Elm township 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 Lone Elm township
- The average income of a Lone Elm township resident is $29,720 a year. The US average is $28,555 a year.
- The Median household income of a Lone Elm township resident is $75,792 a year. The US average is $69,021 a year.