Madison township (Lincoln Cnty), KS is an excellent place to live with affordable housing and low cost of living. Rent for a two bedroom apartment is $730 compared to the US average of $1,430, which makes it easy for most people to afford their own home. Grocery costs in Madison township are also much lower than the national average with an index score of 90 compared to 100. This makes shopping for groceries much more affordable too.
The town also has plenty of local businesses that contribute to their community such as Madison Insurance Group, Lincoln County Courthouse, Lincoln County Library, and many more. These businesses provide jobs and resources that help make Madison township a great place to live. The overall cost of living in the area is favorable when compared to other towns and cities in Kansas making it a great option for those looking for a quieter place to call home.
Madison township (Lincoln County) has an unemployment rate of 2.5%. The US average is 6.0%.
Madison township (Lincoln County) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 14.0%, which is lower than the US average of 33.5%.
Tax Rates for Madison township (Lincoln County)
- The Sales Tax Rate for Madison township (Lincoln County) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Madison township (Lincoln 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 Madison township (Lincoln County)
- The average income of a Madison township (Lincoln County) resident is $37,403 a year. The US average is $37,638 a year.
- The Median household income of a Madison township (Lincoln County) resident is $153,594 a year. The US average is $69,021 a year.