Powell, KS is a small town in Kansas with a population of just over 600 people. It is a rural community known for its quiet atmosphere and its close proximity to larger cities such as Wichita. This makes it an attractive place to live for those who prefer more laid back lifestyles. Local companies in Powell, KS include Blue Star Electric, The Barnhouse Brewery & Restaurant, and Wild Horse Ranch. When comparing the cost of living between Powell, KS and the US as a whole, there are some notable differences. For example, rents in Powell can be significantly lower than elsewhere in the country, with two bedroom apartments running for about $820 per month compared to $1,430 nationally. Similarly, grocery prices tend to be much lower in Powell than throughout the rest of the nation with an index score of 92 versus 100 for the US overall.
Powell has an unemployment rate of 2.5%. The US average is 6.0%.
Powell has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 5.7%, which is lower than the US average of 33.5%.
Tax Rates for Powell
- The Sales Tax Rate for Powell is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Powell 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 Powell
- The average income of a Powell resident is $32,797 a year. The US average is $37,638 a year.
- The Median household income of a Powell resident is $82,727 a year. The US average is $69,021 a year.