Parsons, KS is a small town in Kansas characterized by its friendly community atmosphere. It is home to many local businesses such as the Parsons Sun newspaper, The 7th Street Bar & Grill, and International Pantry Grocery Store. Rent for a two-bedroom apartment in this city costs about $700 per month on average, which is much lower than the national average of $1,430. Additionally, Parsons offers an affordable grocery cost index of 90 compared to the US index of 100, making it an ideal destination for those looking for budget-friendly living options.
Parsons has an unemployment rate of 4.0%. The US average is 6.0%.
Parsons has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Parsons
- The Sales Tax Rate for Parsons is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Parsons 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 Parsons
- The average income of a Parsons resident is $24,008 a year. The US average is $37,638 a year.
- The Median household income of a Parsons resident is $44,674 a year. The US average is $69,021 a year.