Cambridge, Kansas is a small town located in Clay County with a population of 670. The town is known for its community events and friendly atmosphere. It offers a low cost of living with two bedroom rent being just $770, which is almost half of the US average at $1,430. Furthermore, grocery costs are also significantly lower than average at 92 compared to the US index at 100.
Cambridge is home to many local businesses like Cambridge Materials Company that manufactures building products, Crawford County State Bank that provides financial services in the region and many other local restaurants and shops. The city's affordable housing and cost of living make it an attractive option for those looking to settle down in rural Kansas.
Cambridge (zip 67023) has an unemployment rate of 4.1%. The US average is 6.0%.
Cambridge (zip 67023) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Cambridge (zip 67023)
- The Sales Tax Rate for Cambridge (zip 67023) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cambridge (zip 67023) 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 Cambridge (zip 67023)
- The average income of a Cambridge (zip 67023) resident is $30,959 a year. The US average is $37,638 a year.
- The Median household income of a Cambridge (zip 67023) resident is $55,469 a year. The US average is $69,021 a year.