Milford township, KS is a small rural town located in the state's northeast corner. This small community has many local businesses such as grocery stores, restaurants, and other small retail shops. The cost of living in Milford township is very reasonable with the average 2 bedroom rental costing only $820 compared to the U.S. average of $1,430. Grocery costs are also very competitive as the grocery cost index in Milford township is equivalent to the national average at 100. All these factors make Milford township a great choice for those looking for an affordable place to live and work while still having access to modern amenities close by.
Milford township has an unemployment rate of 4.9%. The US average is 6.0%.
Milford township 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 15.5%, which is lower than the US average of 33.5%.
Tax Rates for Milford township
- The Sales Tax Rate for Milford township is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Milford 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 Milford township
- The average income of a Milford township resident is $37,358 a year. The US average is $28,555 a year.
- The Median household income of a Milford township resident is $105,071 a year. The US average is $69,021 a year.