Palco, KS is a small town with an estimated population of just under 400 people. The cost of living in Palco is quite reasonable compared to other parts of the country. The average 2 bedroom rent in Palco is $930, and the national average rent for a two bedroom is $1,430. In addition, the grocery cost index in Palco is 91 compared to the national average of 100. This makes Palco a great place for those looking for affordable housing and food options. Some local businesses in Palco include Vandalia Grain LLC, Farmer's Coop Association, and Peaceful Valley Farms. Overall, Palco offers reasonable prices and a cozy atmosphere to its residents and visitors alike.
Palco has an unemployment rate of 3.0%. The US average is 6.0%.
Palco has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 6.3%, which is lower than the US average of 33.5%.
Tax Rates for Palco
- The Sales Tax Rate for Palco is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Palco 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 Palco
- The average income of a Palco resident is $19,699 a year. The US average is $28,555 a year.
- The Median household income of a Palco resident is $43,750 a year. The US average is $69,021 a year.