Solomon, KS (67480) is a small town located in north-central Kansas with a population of just over 1,000. The local economy is mainly based around agriculture with some small businesses providing services for the community. Popular local employers include Schweitzer Construction Inc. and Banbury Place Assisted Living Facility as well as various farming and ranching operations in the area. The median household income is lower than the national average but residents benefit from a low cost of living. For example, 2 bedroom rent averages $860 compared to $1,430 for the US as a whole and grocery costs index at 94 versus 100 nationwide. Solomon provides an affordable lifestyle with its rural charm and friendly atmosphere.
Solomon (zip 67480) has an unemployment rate of 3.6%. The US average is 6.0%.
Solomon (zip 67480) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Solomon (zip 67480)
- The Sales Tax Rate for Solomon (zip 67480) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Solomon (zip 67480) 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 Solomon (zip 67480)
- The average income of a Solomon (zip 67480) resident is $24,794 a year. The US average is $28,555 a year.
- The Median household income of a Solomon (zip 67480) resident is $71,750 a year. The US average is $69,021 a year.