Zip 67860 (Lakin, KS) Economy


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United States / Kansas / Garden City Metro Area / Kearny County / No City / Lakin (zip 67860)
67860 Lakin, KS is an inviting city with many great amenities to its residents. With a 2 bedroom rent of just $1,250 compared to the US average of $1,430, this makes it an appealing option for those looking to save money. Grocery costs are also quite a bit lower in the area due to the index being 94 versus 100 in the US. Plenty of local businesses can be found in Lakin, such as Local Love Grocery Store, Rodeo Drive Furniture Store and Johnson’s Pharmacy. This makes it easy for residents to access terrific products at an affordable price. The cost of living in Lakin is notably lower then other areas across the United States which explains why so many people are attracted to this town.

Lakin (zip 67860) has an unemployment rate of 2.0%. The US average is 6.0%.

Lakin (zip 67860) 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 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Lakin (zip 67860)
- The Sales Tax Rate for Lakin (zip 67860) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lakin (zip 67860) 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 Lakin (zip 67860)
- The average income of a Lakin (zip 67860) resident is $26,194 a year. The US average is $28,555 a year.
- The Median household income of a Lakin (zip 67860) resident is $49,848 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakin, KansasUnited States
  26
  -0.6%-6.2%
  20.1%33.5%
  7.5%6.2%
  5.7%4.6%
  $26,550$37,638
  $49,848$69,021
  $60,208$85,028
  Population by Occupation
  25.4%1.2%
  2.9%0.5%
  2.4%6.8%
  3.7%10.0%
  0.7%2.5%
  10.5%11.0%
  12.6%4.8%
  3.7%0.8%
  0.0%1.9%
  3.0%4.7%
  1.1%1.9%
  2.8%7.6%
  0.5%0.1%
  0.0%4.2%
  10.8%9.3%
  9.3%14.0%
  0.0%2.1%
  6.5%7.0%
  2.0%4.8%
  2.1%4.7%
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