Zip 67344 (Elk City, KS) Economy


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United States / Kansas / Coffeyville Metro Area / Montgomery County / No City / Elk City (zip 67344)
Elk City, KS (zip code 67344) is a great place to live! Offering an affordable 2 bedroom rent of $790, it's much lower than the US average rent of $1,430. The city also has a low grocery cost index of 89 versus 100 in the US. With such low cost of living, it's no wonder that Elk City is home to many successful businesses. Notable companies include John Deere, Cargill and Walmart. Other local businesses include Riddler's Bar & Grill, G&G Auto Body and LK Mobile Home Park. With its warm community spirit and abundance of job opportunities, Elk City is an ideal place to call home.

Elk City (zip 67344) has an unemployment rate of 4.7%. The US average is 6.0%.

Elk City (zip 67344) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 5.1%, which is lower than the US average of 33.5%.

Tax Rates for Elk City (zip 67344)
- The Sales Tax Rate for Elk City (zip 67344) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Elk City (zip 67344) 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 Elk City (zip 67344)
- The average income of a Elk City (zip 67344) resident is $18,800 a year. The US average is $28,555 a year.
- The Median household income of a Elk City (zip 67344) resident is $46,528 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElk City, KansasUnited States
  4.76
  -3.3%-6.2%
  5.1%33.5%
  6.5%6.2%
  5.7%4.6%
  $22,052$37,638
  $46,528$69,021
  $60,357$85,028
  Population by Occupation
  13.2%1.2%
  0.0%0.5%
  11.8%6.8%
  17.6%10.0%
  0.0%2.5%
  9.2%11.0%
  4.8%4.8%
  0.0%0.8%
  0.0%1.9%
  4.0%4.7%
  0.0%1.9%
  1.1%7.6%
  1.1%0.1%
  0.4%4.2%
  5.1%9.3%
  16.2%14.0%
  0.0%2.1%
  1.1%7.0%
  8.1%4.8%
  6.3%4.7%
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