Olmitz, KS Economy


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Olmitz, KS is a small town located in Barton County. It has a rich history and features plenty of attractions. The cost of living in Olmitz, KS is relatively low compared to the US average. For example, the average two bedroom rent is $730 versus $1,430 for the US as a whole. The Grocery Cost Index in Olmitz is 90 while it is 100 in the US on average. Local businesses include local hardware store Herrman's Hardware Store, Olmitz Feed & Grain Farm Services and Dillons Town & Country Market grocery store. Olmitz KS also offers plenty of recreational activities including camping and fishing at Cheney Reservoir Sate Park which is only 8 miles away from town. With its low cost of living and ample recreational opportunities, Olmitz provides a great place to live for people looking for a cozy small town atmosphere.

Olmitz has an unemployment rate of 3.3%. The US average is 6.0%.

Olmitz 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 15.1%, which is lower than the US average of 33.5%.

Tax Rates for Olmitz
- The Sales Tax Rate for Olmitz is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Olmitz 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 Olmitz
- The average income of a Olmitz resident is $40,179 a year. The US average is $37,638 a year.
- The Median household income of a Olmitz resident is $40,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlmitz, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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