Zip 66851 (Florence, KS) Economy


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United States / Kansas / No Metro Area / Marion County / Florence / Florence (zip 66851)
Florence, KS is an attractive place to live due to its low cost of living compared to the US average. The 2 bedroom rent in Florence is $640 per month, which is considerably less than the US average of $1,430 per month. Additionally, grocery costs are low as well with a grocery cost index of 87 compared to 100 for the US. With these savings residents can enjoy extra amenities or save more for their future.
Florence has many local businesses that help make this small city feel larger than it is. Some notable companies include N&M Manufacturing Inc., Pro Tow Plus LLC., and Florence Bowl Lanes. N&M Manufacturing Inc. specializes in custom fabrication services while Pro Tow Plus LLC provides 24 hour light duty towing services. Florence Bowl Lanes offers bowling and other recreational activities for family entertainment and is a great way to spend time with your loved ones.
Overall, Florence, KS is an affordable place to live that offers both low rental rates as well as a lower grocery cost index than the US national average. Additionally, Florence has multiple local companies who offer services ranging from custom fabrication to family entertainment; making this small city a great place to settle down and call home.

Florence (zip 66851) has an unemployment rate of 2.8%. The US average is 6.0%.

Florence (zip 66851) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Florence (zip 66851)
- The Sales Tax Rate for Florence (zip 66851) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 66851) 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 Florence (zip 66851)
- The average income of a Florence (zip 66851) resident is $29,891 a year. The US average is $37,638 a year.
- The Median household income of a Florence (zip 66851) resident is $33,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlorence, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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