Preston, KS Economy


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United States / Kansas / No Metro Area / Pratt County / Preston / Zip Codes
\nPreston, KS is a small town located in rural Kansas with a population of approximately 2,000 people. It is an ideal place to live for those who want a quiet and peaceful life, as well as those who are looking for affordable housing. The cost of renting a two bedroom apartment in Preston, KS is only $810 per month, which is significantly lower than the national average of $1,430 per month. Additionally, grocery costs in Preston are approximately 10% cheaper than those in the US overall. There are numerous local companies that provide quality goods and services for residents of the area including restaurants, retail stores, auto repair shops and more. All in all, Preston is a great place to live with its low living costs and friendly community atmosphere.

Preston has an unemployment rate of 2.5%. The US average is 6.0%.

Preston has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.

Tax Rates for Preston
- The Sales Tax Rate for Preston is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Preston 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 Preston
- The average income of a Preston resident is $17,278 a year. The US average is $28,555 a year.
- The Median household income of a Preston resident is $25,673 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPreston, KansasUnited States
  2.56
  -0.9%-6.2%
  15.4%33.5%
  8.3%6.2%
  5.7%4.6%
  $17,996$37,638
  $25,673$69,021
Family Median Income 85028
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