McFarland, KS Economy


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McFarland, KS is a small town located in central Kansas. It is known for its friendly community and charming atmosphere. The cost of living in McFarland, KS is very affordable; 2 bedroom rent averages at $790 per month and grocery costs index at 93 compared to 100 nationally. Local businesses that can be found in the area include McFarland State Bank, Southwind Pharmacy, and McFarland Grocery & Market. All three companies specialize in providing personalized service to their customers. Overall, McFarland provides a great place to live and work with its low cost of living and ample opportunities to find employment.

McFarland has an unemployment rate of 2.9%. The US average is 6.0%.

McFarland has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for McFarland
- The Sales Tax Rate for McFarland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for McFarland 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 McFarland
- The average income of a McFarland resident is $19,785 a year. The US average is $28,555 a year.
- The Median household income of a McFarland resident is $78,194 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcFarland, KansasUnited States
  2.96
  -1.3%-6.2%
  21.1%33.5%
  8.0%6.2%
  5.7%4.6%
  $29,676$37,638
  $78,194$69,021
  $88,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.9%6.8%
  24.9%10.0%
  4.9%2.5%
  6.2%11.0%
  1.3%4.8%
  0.4%0.8%
  0.0%1.9%
  3.6%4.7%
  1.3%1.9%
  2.7%7.6%
  0.0%0.1%
  3.1%4.2%
  5.3%9.3%
  15.6%14.0%
  1.8%2.1%
  4.0%7.0%
  0.9%4.8%
  7.1%4.7%
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