Sherman, KS County is an affordable place to live and work. The two bedroom rent in the county is $890 while the average two bedroom rent in the US is $1,430 giving it a cost of living that is over 40 percent lower than the national average. Additionally, groceries are much more affordable in Sherman with the grocery cost index at 92 versus 100 in the US. This makes Sherman great for families looking to save money on their monthly expenses. Some of the local companies include S&S Manufacturing, Koch Industries, and Sonic Drive-In. These businesses provide good jobs and keep Sherman's economy strong.
Sherman County has an unemployment rate of 2.9%. The US average is 6.0%.
Sherman County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Sherman County
- The Sales Tax Rate for Sherman County is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sherman 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 Sherman County
- The average income of a Sherman County resident is $20,944 a year. The US average is $28,555 a year.
- The Median household income of a Sherman County resident is $58,830 a year. The US average is $69,021 a year.