The city of Topeka, KS (66612) has one of the most affordable rental rates in the United States at an average cost of $770 for a two-bedroom apartment. The same size apartment in the US averages $1,430 monthly. Furthermore, grocery costs in Topeka are 91 points on a 100-point relative scale versus the US standard. This makes Topeka an attractive option for people looking to relocate and start fresh. The local economy is supported by companies such as Frito-Lay, Payless ShoeSource, Hallmark Cards, and Westar Energy to name a few. Topeka is also home to several independent business like Sally's Boutique & Gallery and Dempsey's Biscuit Co. With its vibrant and diverse economy, it's no surprise that more people are choosing to move to this historic and charming city.
Topeka (zip 66612) has an unemployment rate of 3.9%. The US average is 6.0%.
Topeka (zip 66612) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Topeka (zip 66612)
- The Sales Tax Rate for Topeka (zip 66612) is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Topeka (zip 66612) 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 Topeka (zip 66612)
- The average income of a Topeka (zip 66612) resident is $20,654 a year. The US average is $37,638 a year.
- The Median household income of a Topeka (zip 66612) resident is $21,671 a year. The US average is $69,021 a year.