Potwin, KS is a small town located in the Eastern part of Kansas with an estimated population of just over 500 people. The rent for a two-bedroom unit in Potwin is $790, which is significantly lower than the $1,430 national average. Additionally, the Grocery Cost Index in Potwin is 92 versus 100 in the US, making it an affordable place to live.
The economy of Potwin is largely fueled by agriculture and much of the land surrounding the town is used for raising livestock and growing crops like wheat and corn. The area also hosts several local businesses such as Farmwell Feed & Hardware Store, Williams' Grain & Feed LLC., and The Milling Company. All these companies offer quality goods and services at reasonable prices, helping to maintain the low cost of living in Potwin.
Potwin (zip 67123) has an unemployment rate of 4.2%. The US average is 6.0%.
Potwin (zip 67123) 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 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Potwin (zip 67123)
- The Sales Tax Rate for Potwin (zip 67123) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Potwin (zip 67123) 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 Potwin (zip 67123)
- The average income of a Potwin (zip 67123) resident is $26,868 a year. The US average is $37,638 a year.
- The Median household income of a Potwin (zip 67123) resident is $47,875 a year. The US average is $69,021 a year.