Sharon Springs township, KS Economy


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United States / Kansas / No Metro Area / Wallace County / Sharon Springs township / Zip Codes
Sharon Springs township, KS is a great place to live due to its low cost of living and small-town charm. The average rent for a two-bedroom apartment in Sharon Springs township is just $800, which is $630 less than the national average. Additionally, food prices in Sharon Springs have a grocery cost index of 93 compared to the national average of 100, making groceries more affordable. The township itself provides plenty of amenities for residents, including local restaurants like Mamie's Diner and Big J's BBQ as well as shopping centers like Lucky Lane Plaza and Sharon Shopping Mall. With all these conveniences available at such an affordable price point, it's no wonder so many choose to call Sharon Springs township home.

Sharon Springs township has an unemployment rate of 1.9%. The US average is 6.0%.

Sharon Springs township has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.

Tax Rates for Sharon Springs township
- The Sales Tax Rate for Sharon Springs township is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sharon 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 Sharon Springs township
- The average income of a Sharon Springs township resident is $33,656 a year. The US average is $28,555 a year.
- The Median household income of a Sharon Springs township resident is $55,433 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySharon Springs township, KansasUnited States
  1.96
  1.4%-6.2%
  13.4%33.5%
  6.5%6.2%
  5.7%4.6%
  $30,988$37,638
  $55,433$69,021
  $85,938$85,028
  Population by Occupation
  20.7%1.2%
  0.0%0.5%
  5.5%6.8%
  1.5%10.0%
  6.6%2.5%
  6.3%11.0%
  4.4%4.8%
  0.0%0.8%
  2.3%1.9%
  3.4%4.7%
  1.5%1.9%
  1.3%7.6%
  0.0%0.1%
  4.2%4.2%
  17.5%9.3%
  14.0%14.0%
  1.5%2.1%
  3.6%7.0%
  1.3%4.8%
  4.4%4.7%
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