Pratt, KS is a small city with an estimated population of 6,717. It has a low cost of living compared to the rest of the United States, with the average 2 bedroom rent costing $810 as opposed to the national average of $1,430. The grocery cost index in Pratt is also relatively low at 92 compared to 100 in the US. The city is home to many local businesses such as Big Kmart and Walmart Supercenter for shopping needs and H&R Block for tax services. Pratt also features several restaurants such as Noodle Soup & Rice and Pizza Hut. In conclusion, Pratt offers its residents an affordable lifestyle that includes access to local stores and eateries.
Pratt (zip 67124) has an unemployment rate of 2.5%. The US average is 6.0%.
Pratt (zip 67124) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Pratt (zip 67124)
- The Sales Tax Rate for Pratt (zip 67124) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Pratt (zip 67124) 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 Pratt (zip 67124)
- The average income of a Pratt (zip 67124) resident is $27,403 a year. The US average is $28,555 a year.
- The Median household income of a Pratt (zip 67124) resident is $58,387 a year. The US average is $69,021 a year.