Russell Springs township, KS is a small rural community located in Russell County. The cost of living in this area is relatively low compared to the rest of the US. The average 2 bedroom rental rate is $790 per month which is significantly lower than the US average of $1,430. Additionally, grocery costs index in Russell Springs township, KS is 91 versus 100 in the US.
The local economy includes several businesses such as Russell Springs' Farmers Co-op, Meyers Family Market, and Glendenning Motors Inc. All these organizations offer essential services that are necessary for a thriving community. With its low cost of living and variety of businesses opportunities, Russell Springs township provides an attractive place to live or work for many people.
Russell Springs township has an unemployment rate of 1.8%. The US average is 6.0%.
Russell Springs township has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Russell Springs township
- The Sales Tax Rate for Russell Springs township is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Russell Springs 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 Russell Springs township
- The average income of a Russell Springs township resident is $16,633 a year. The US average is $28,555 a year.
- The Median household income of a Russell Springs township resident is $49,167 a year. The US average is $69,021 a year.