Palmer, KS is an ideal place to live for those looking to save money. The rent for a two bedroom apartment in Palmer costs $770 a month, which is significantly less than the US average of $1,430. Grocery costs are also lower in Palmer as the Grocery Cost Index (a measure of grocery prices) is 94 compared to 100 in the US. This small town offers plenty of local businesses from all kinds of industries. Popular companies within Palmer include T & L Trucking, Ballard Farms, and Prairie View Veterinary.
Palmer has an unemployment rate of 1.7%. The US average is 6.0%.
Palmer has seen the job market increase by 4.5% over the last year. Future job growth over the next ten years is predicted to be 15.8%, which is lower than the US average of 33.5%.
Tax Rates for Palmer
- The Sales Tax Rate for Palmer is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Palmer 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 Palmer
- The average income of a Palmer resident is $24,005 a year. The US average is $37,638 a year.
- The Median household income of a Palmer resident is $49,375 a year. The US average is $69,021 a year.