Lawrence, KS Economy


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Lawrence, KS is a beautiful city located in the northeast region of Kansas. It has a population of about 92,000 people and is home to several universities, including the University of Kansas, Haskell Indian Nations University, and Baker University. The cost of living in Lawrence is lower than most other parts of the United States; 2 bedroom rental units typically range from $1,020 to $1,430 per month compared to an average US rate of $1,430 for the same type of unit. Additionally, the Grocery Cost Index in Lawrence is 99 compared to 100 in the US.
Lawrence boasts an array of local businesses and organizations including The Lawrence Chamber Of Commerce which promotes growth and development throughout Douglas County. The city also has many health care providers such as LMH Health providing healthcare services to residents within the area as well as a variety of media outlets such as Sunflower Publishing who provide information on local events. With its affordable housing rates and numerous opportunities for employment and activities Lawrence has something for everyone.

Lawrence has an unemployment rate of 3.7%. The US average is 6.0%.

Lawrence has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Lawrence
- The Sales Tax Rate for Lawrence is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Lawrence 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 Lawrence
- The average income of a Lawrence resident is $34,072 a year. The US average is $37,638 a year.
- The Median household income of a Lawrence resident is $56,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawrence, KansasUnited States
  3.76
  -5.3%-6.2%
  29.5%33.5%
  9.1%6.2%
  5.7%4.6%
  $34,072$37,638
  $56,536$69,021
  $94,037$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  3.4%6.8%
  8.3%10.0%
  1.5%2.5%
  11.3%11.0%
  2.9%4.8%
  0.7%0.8%
  1.4%1.9%
  4.1%4.7%
  1.7%1.9%
  7.4%7.6%
  0.0%0.1%
  3.8%4.2%
  18.3%9.3%
  12.9%14.0%
  3.2%2.1%
  10.2%7.0%
  4.5%4.8%
  3.8%4.7%
Reviews for Lawrence
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Over 9 years ago

I don't know why people have written negative reviews about Lawrence, but I have lived here for two years and love it. The quality of life is great - it is a college  More

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Over 11 years ago

Great college town, wonderful people and community. Fun  More

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Over 12 years ago

While I was a grad student at KU I lived in Lawrence, KS. I was unimpressed by the town and even less impressed by the over-inflated ego of its inhabitants. Let's be  More

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