Table
Population | |
---|---|
Transportation | |
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 19.6 |
Income & Poverty | |
Median household income (in 2020 dollars), 2016-2020 | $61,091 |
What is a good household income in Kansas?
In 2020, the median household income in Kansas amounted to 72,815 U.S. dollars. This is a slight decrease from the previous year, when the median household income in the state amounted to 73,151 U.S. dollars.
What is a livable wage in Kansas?
Living Wage
Year | Hourly Rate |
---|---|
2018 | $10 |
2019 | $11.25 |
2020 | $12.50 |
2021 | $13.75 |
What is upper class income in Kansas?
The site says the average income of the top 20% is $190,266. The ultra-rich, or the top 5% of earners in KC, make way more: $336,124 on average, according to the analysis.
What is middle class income in Kansas?
How much you have to earn to be middle class in every state
State | Middle-class income | Median household income |
---|---|---|
Kansas | $46,485 | $62,087 |
Alabama | $45,559 | $51,734 |
Oklahoma | $44,008 | $54,449 |
Iowa | $43,997 | $61,691 |
What is poverty level in Kansas?
8.3 percent, or 94,481, of Kansas households make between $15,000 and $24,999 per year. Of these, households of four or more would qualify under the 2021 FPG. Households of three would qualify if they make less than or equal to $21,960 per year.
What’s the poorest county in Kansas?
Crawford County, Kansas
Crawford County, Kansas
Crawford County, located in the southeastern corner of Kansas near the state’s border with Missouri, is the poorest county in the state with a median household income of about $37,600 a year.
Is a salary of 50k good?
With the proper budget and discipline, $50,000 is an excellent salary. In 2020, the median household income in the United States was about $67,000. Your debt load, dependents, and assets will determine how comfortably you can live with an income of $50k.
How much money does a single person need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
What salary is considered rich?
For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is middle-class in Kansas City?
For Kansas City, the median household income is $56,248, which would put anyone who makes $37,686- $112,496 a year in the middle class.
What is considered rich in Kansas City?
According to the report, here is how much does it take to be considered “rich” in Kansas City, Missouri: Lowest Income to be Considered “Rich” (Top 20%): $109,276. Average Income of the Top 20%: $190,266. Average Income of the Top 5%: $336,124.
What percentage of Americans make over 100k?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
What is considered poor class?
Nearly one-third of American households, 29%, live in “lower class” households, the Pew Research Center finds in a 2018 report. The median income of that group was $25,624 in 2016. Pew defines the lower class as adults whose annual household income is less than two-thirds the national median.
How many millionaires are in Kansas?
62,073 millionaire households
Taxes in Kansas aren’t kind to retirees, either. Against that backdrop, the Sunflower State has 62,073 millionaire households out of a total of about 1.1 million households.
What percent of Kansas is black?
Population (up 7.4% to 331.4 million). Race and ethnicity (White alone 61.6%; Black alone 12.4%; Hispanic 18.7%; Asian alone 6%; American Indian and Alaska Native alone 1.1%; Native Hawaiian and Other Pacific Islander alone 0.2%; Some Other Race alone 8.4%; Two or More Races 10.2%).
What is considered to be poor in America?
The family’s 2020 poverty threshold (below) is $31,661.
What is considered low income for a family of 4 in Kansas?
$38,350 for a one-person household. $43,850 for a two-person household. $49,300 for a three-person household. $54,800 for a four-person household.
Is Kansas a wealthy state?
Economic Outlook Rank
Kansas is currently ranked 28th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables. Data reflect state and local rates and revenues and any effect of federal deductibility.
What state is the poorest in the US?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is Kansas a good place to live?
Thinking about moving to Kansas City? Ranked in the top 50 Best Places to Live in the U.S., this fast-growing Midwest metro is an excellent place to live for job opportunities, affordable housing, top-rated colleges, pro sports events, incredible arts and culture, and—of course—some of the best barbecue in America.