Waring, KS Economy


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United States / Kansas / No Metro Area / Ness County / Waring / Zip Codes
Waring, KS is an ideal small town to live in with a population of 170 people. With 2 bedroom rent at $720, the cost of living is much lower than the average U.S rent for two bedrooms which is $1,430. The Grocery Cost Index in Waring, KS is 88 versus 100 in the US showing that grocery costs are much more affordable as well. Local businesses include GDH Mechanical Solutions for heating and air conditioning services; Waring Energy Co-op for propane gas services; Waring Concrete Construction for masonry services; and Waring Veterinary Clinic for pet care services. Overall, Waring provides a great quality of life with low cost of living and many local businesses to take advantage of.

Waring has an unemployment rate of 2.5%. The US average is 6.0%.

Waring has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 1.5%, which is lower than the US average of 33.5%.

Tax Rates for Waring
- The Sales Tax Rate for Waring is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Waring 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 Waring
- The average income of a Waring resident is $39,358 a year. The US average is $37,638 a year.
- The Median household income of a Waring resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaring, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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