McPherson, KS is a small city with a friendly atmosphere and plenty of local businesses. It has an average 2 bedroom rent of $830 which is much lower than the national average of $1,430. Grocery costs are also lower in McPherson than in the US as a whole with an index of 96 versus 100. The city is home to many businesses such as McPherson Oil, McPherson HVAC, and McPherson Glass Company. These businesses provide employment opportunities for the local community and contribute to its economy. Overall, living costs in McPherson are considerably lower than living costs throughout the United States making it an attractive place to live while still having access to employment and other amenities.
McPherson has an unemployment rate of 2.5%. The US average is 6.0%.
McPherson has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for McPherson
- The Sales Tax Rate for McPherson is 9.0%. The US average is 7.3%.
- The Income Tax Rate for McPherson 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 McPherson
- The average income of a McPherson resident is $31,971 a year. The US average is $37,638 a year.
- The Median household income of a McPherson resident is $59,610 a year. The US average is $69,021 a year.