Zip 67203 (Wichita, KS) Economy


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The city of Wichita, KS with a zipcode of 67203 is an affordable place to live. The average rent for a 2 Bedroom apartment here is $880 versus the US average of $1,430. The Grocery Cost Index here is 93 and the US average index is 100, making it more cost effective to purchase groceries in this area compared to the rest of the United States. Notable local companies in Wichita include Cessna Aircraft Company, Koch Industries Inc., Beechcraft Corporation, Spirit AeroSystems, Coleman Company and Westar Energy Inc.

Wichita (zip 67203) has an unemployment rate of 5.9%. The US average is 6.0%.

Wichita (zip 67203) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Wichita (zip 67203)
- The Sales Tax Rate for Wichita (zip 67203) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Wichita (zip 67203) 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 Wichita (zip 67203)
- The average income of a Wichita (zip 67203) resident is $21,922 a year. The US average is $28,555 a year.
- The Median household income of a Wichita (zip 67203) resident is $44,779 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWichita, KansasUnited States
  5.96
  -4.0%-6.2%
  24.3%33.5%
  7.5%6.2%
  5.7%4.6%
  $25,373$37,638
  $44,779$69,021
  $60,101$85,028
  Population by Occupation
  0.7%1.2%
  0.2%0.5%
  7.5%6.8%
  16.1%10.0%
  1.5%2.5%
  12.3%11.0%
  4.7%4.8%
  0.9%0.8%
  1.8%1.9%
  2.5%4.7%
  1.2%1.9%
  4.6%7.6%
  0.0%0.1%
  5.2%4.2%
  6.5%9.3%
  14.0%14.0%
  1.5%2.1%
  8.3%7.0%
  6.8%4.8%
  3.5%4.7%
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