Salamanca, KS Economy


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United States / Kansas / No Metro Area / Cherokee County / Salamanca / Zip Codes
Salamanca is a small town in Kansas with a population of approximately 500 people. Despite its size, Salamanca has a lot to offer those looking for an affordable place to live and work. The cost of living is reasonable, with 2 bedroom rent coming in at $770 compared to the national average of $1,430. The grocery cost index is also low at 91 compared to 100 in the US. Those looking for employment opportunities have several options; local businesses like Farmers Co-Op, LP Gas Exchange, and McDonald's are all hiring. There are also plenty of agricultural opportunities available in the area. Whether you’re looking for a new job or wanting to save money on rent and groceries, Salamanca might just be the perfect place for you!

Salamanca has an unemployment rate of 3.4%. The US average is 6.0%.

Salamanca has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Salamanca
- The Sales Tax Rate for Salamanca is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Salamanca 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 Salamanca
- The average income of a Salamanca resident is $36,026 a year. The US average is $28,555 a year.
- The Median household income of a Salamanca resident is $78,462 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalamanca, KansasUnited States
  3.46
  -3.3%-6.2%
  20.1%33.5%
  9.0%6.2%
  5.7%4.6%
  $49,678$37,638
  $78,462$69,021
  $101,125$85,028
  Population by Occupation
  22.0%1.2%
  0.0%0.5%
  4.1%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  9.8%4.8%
  7.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.5%4.2%
  19.5%9.3%
  23.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.3%4.7%
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