Wichita, KS Metro Area is a great place to live for those looking for a more affordable lifestyle. The two-bedroom rent is almost half of the national average at $920 per month, making it an attractive option for those looking to settle down in a new city. Additionally, the Grocery Cost Index in Wichita is 95 versus 100 in the US, meaning you can stretch your dollar further when shopping for food. There are many large companies that headquarter their operations in Wichita such as Koch Industries, Cargill Meat Solutions, Coleman Outdoor Products and Spirit AeroSystems. With its low cost of living and business opportunities, Wichita offers much to those looking for an affordable city with plenty of job opportunities.
Wichita Metro Area has an unemployment rate of 5.3%. The US average is 6.0%.
Wichita Metro Area has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Wichita Metro Area
- The Sales Tax Rate for Wichita Metro Area is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Wichita Metro Area 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 Wichita Metro Area
- The average income of a Wichita Metro Area resident is $32,124 a year. The US average is $37,638 a year.
- The Median household income of a Wichita Metro Area resident is $61,445 a year. The US average is $69,021 a year.