Wells, KS is a small city located in Wabaunsee County with a population of 265. It is a rural community with an abundance of natural beauty and outdoor recreation areas, including Tuttle Creek State Park and Melvern Wildlife Area. Local companies in Wells include the Wells Farmer's Co-op, H & M Ag Repair LLC, and A & R Lumber Inc. The cost of living in Wells is lower than the national average; two bedroom rentals are approximately $750 per month while the US average is around $1,430 per month. Additionally, grocery costs are also significantly lower at an index rating of 92 compared to 100 nationally.
Wells has an unemployment rate of 2.3%. The US average is 6.0%.
Wells has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Wells
- The Sales Tax Rate for Wells is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Wells 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 Wells
- The average income of a Wells resident is $20,100 a year. The US average is $28,555 a year.
- The Median household income of a Wells resident is $103,083 a year. The US average is $69,021 a year.