Valley Falls, KS is a small town nestled in the north of Kansas with a population of 683. The cost of living in Valley Falls is quite affordable in comparison to the US average. The average rent for a two-bedroom house is $810, which is much lower than the national average of $1,430. Grocery costs are also low in Valley Falls with an index rate of 94. This is significantly cheaper than the national index rate of 100. Notable local businesses in Valley Falls include Stranghoener's Ace Hardware and Valley Falls Bar & Cafe, which offer great amenities to the community. All in all, Valley Falls is an excellent place to live with its low cost of living and friendly community atmosphere.
Valley Falls (zip 66088) has an unemployment rate of 3.4%. The US average is 6.0%.
Valley Falls (zip 66088) has seen the job market decrease by -1.8% 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 Valley Falls (zip 66088)
- The Sales Tax Rate for Valley Falls (zip 66088) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Valley Falls (zip 66088) 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 Valley Falls (zip 66088)
- The average income of a Valley Falls (zip 66088) resident is $34,036 a year. The US average is $37,638 a year.
- The Median household income of a Valley Falls (zip 66088) resident is $66,538 a year. The US average is $69,021 a year.