Richfield township, KS Economy


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United States / Kansas / No Metro Area / Morton County / Richfield township / Zip Codes
Richfield township in Kansas is a great place to live. The average two-bedroom rent in Richfield is $730 compared to the US average of $1,430. This makes it an affordable option for those looking for a new place to call home. Grocery cost index in Richfield is 93 versus 100 in the US, making it an even more attractive option for families on a budget. The community is made up of small businesses like the Richfield Township Market, Hill Country BBQ, and Fairview Veterinary Hospital that make living here comfortable and convenient. The atmosphere of the town offers a unique contrast to the hustle and bustle of other cities around the country. Between affordable housing costs and local businesses, Richfield township provides an inviting atmosphere for people looking to make any move.

Richfield township has an unemployment rate of 2.9%. The US average is 6.0%.

Richfield township has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 4.0%, which is lower than the US average of 33.5%.

Tax Rates for Richfield township
- The Sales Tax Rate for Richfield township is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Richfield township 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 Richfield township
- The average income of a Richfield township resident is $21,023 a year. The US average is $28,555 a year.
- The Median household income of a Richfield township resident is $85,074 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichfield township, KansasUnited States
  2.96
  0.1%-6.2%
  4.0%33.5%
  7.5%6.2%
  5.7%4.6%
  $20,703$37,638
  $85,074$69,021
  $85,662$85,028
  Population by Occupation
  25.0%1.2%
  21.6%0.5%
  0.0%6.8%
  0.0%10.0%
  2.3%2.5%
  3.4%11.0%
  0.0%4.8%
  0.0%0.8%
  1.1%1.9%
  0.0%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  21.6%9.3%
  8.0%14.0%
  0.0%2.1%
  9.1%7.0%
  0.0%4.8%
  6.8%4.7%
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