Ransom, KS is a small city with a population of 675. It is located in northwest Kansas and offers affordable living costs. The average two-bedroom rent in Ransom is $710 which is significantly lower than the national average of $1,430. Grocery costs are also lower compared to the rest of the country. The Grocery Cost Index (GCI) for Ransom stands at 91 compared to 100 in the United States.
This makes Ransom an attractive place to live for families on a budget or retirees looking for a quiet place to settle down. There are many local businesses in Ransom including H & H Grain Co., Firebaugh Farms, and K&B Oilfield Services. For those who enjoy small town life, Ransom offers an idyllic setting with plenty of amenities and friendly locals.
Ransom (zip 67572) has an unemployment rate of 2.5%. The US average is 6.0%.
Ransom (zip 67572) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 1.5%, which is lower than the US average of 33.5%.
Tax Rates for Ransom (zip 67572)
- The Sales Tax Rate for Ransom (zip 67572) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ransom (zip 67572) 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 Ransom (zip 67572)
- The average income of a Ransom (zip 67572) resident is $35,623 a year. The US average is $37,638 a year.
- The Median household income of a Ransom (zip 67572) resident is $59,688 a year. The US average is $69,021 a year.