Solomon township (Sheridan County), KS Economy


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United States / Kansas / No Metro Area / Sheridan County / Solomon township (Sheridan County) / Zip Codes
Solomon township (Sheridan Cnty), KS is a charming rural area that offers a close-knit community and peaceful lifestyle. It is home to many small businesses like Solomon Valley Feeders, Four Corners Grain & Livestock, and Linder Welding & Repair. The overall cost of living in Solomon township (Sheridan Cnty), KS is low. The average 2 bedroom rent is $780 which is roughly 45% cheaper than the national average rent of $1,430 while grocery costs are 92 compared to 100 in the US. This makes it an affordable place to live for those on a budget or a family looking for somewhere to settle down.

Solomon township (Sheridan County) has an unemployment rate of 2.0%. The US average is 6.0%.

Solomon township (Sheridan County) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Solomon township (Sheridan County)
- The Sales Tax Rate for Solomon township (Sheridan County) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Solomon township (Sheridan County) 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 Solomon township (Sheridan County)
- The average income of a Solomon township (Sheridan County) resident is $43,819 a year. The US average is $28,555 a year.
- The Median household income of a Solomon township (Sheridan County) resident is $108,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySolomon township (Sheridan County), KansasUnited States
  26
  3.3%-6.2%
  12.6%33.5%
  8.5%6.2%
  5.7%4.6%
  $53,376$37,638
  $108,929$69,021
  $109,286$85,028
  Population by Occupation
  31.9%1.2%
  0.0%0.5%
  10.1%6.8%
  0.0%10.0%
  7.2%2.5%
  10.1%11.0%
  0.0%4.8%
  0.0%0.8%
  11.6%1.9%
  2.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.5%9.3%
  0.0%14.0%
  0.0%2.1%
  5.8%7.0%
  5.8%4.8%
  0.0%4.7%
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