Palestine, KS Economy


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Palestine, KS is a small rural town located in the Midwest. It has a population of just over 400 people and has a cozy hometown atmosphere. The cost of living in Palestine is quite low with an average two bedroom rental costing $900. This is significantly less than the national average of $1,430 for two bedroom rentals. Grocery costs are also lower in Palestine with the cost index at 93 versus 100 nationally. There are several local companies and attractions to explore in Palestine. There is a general store where locals can buy groceries, hardware, stationary, and more. As well as a cafe that serves up classic home cooked meals seven days a week. For outdoor recreation there are several trails around the area for hiking and biking as well as access to fishing in nearby lakes and rivers.

Palestine has an unemployment rate of 5.3%. The US average is 6.0%.

Palestine has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Palestine
- The Sales Tax Rate for Palestine is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Palestine 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 Palestine
- The average income of a Palestine resident is $30,469 a year. The US average is $28,555 a year.
- The Median household income of a Palestine resident is $85,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalestine, KansasUnited States
  5.36
  -3.6%-6.2%
  21.4%33.5%
  7.5%6.2%
  5.7%4.6%
  $45,736$37,638
  $85,313$69,021
  $92,833$85,028
  Population by Occupation
  22.7%1.2%
  0.0%0.5%
  18.7%6.8%
  20.0%10.0%
  0.0%2.5%
  0.0%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  16.0%9.3%
  1.3%14.0%
  9.3%2.1%
  0.0%7.0%
  0.0%4.8%
  10.7%4.7%
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