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 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 the income of the average family?
Median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 (Figure 1 and Table A-1). This is the first statistically significant decline in median household income since 2011.
What is the wealthiest County in Kansas?
Johnson County
based on U.S. Census Bureau data analyzed more than 2,000 counties across the country to get the answers. In Kansas, the wealthiest is Johnson County in suburban Kansas City, according to the study.
What is Kansas high income?
Average Household Income: $82,103. Per Capita Income: $32,798. 5.7% of Households in Kansas are High Income Households that make over $200,000 a year.
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 the wealthiest city in Kansas?
Olathe
Olathe is the wealthiest city in Kansas, narrowly edging out several other Kansas City-area cities like Overland Park and Shawnee. The median household income in Olathe of $94,292 is more than $32,000 higher than the state median.
What’s considered high class?
According to a 2018 report from the Pew Research Center, 19% of American adults live in “upper-income households.” The median income of that group was $187,872 in 2016. Pew defines the upper class as adults whose annual household income is more than double the national median.
How many millionaires are in Kansas?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 29 | Oklahoma | 75,567 |
| 30 | Iowa | 73,129 |
| 31 | Utah | 71,613 |
| 32 | Kansas | 66,406 |
What is the income of a middle class family?
The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $61,372 in 2017, according to the U.S. Census Bureau. 21 Using Pew’s yardstick, middle income is made up of people who make between $42,000 and $126,000.
What percentage of Americans make over 100k?
30.7%
About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.
What is the income range for middle class?
So who is in the middle class? Broadly, Pew Research Center defines middle-class households as making two-thirds to double America’s median income. That adds up to an income range of about $30,000 to $90,000 for single Americans in 2020 dollars.
How many billionaires are in Kansas?
2 billionaires
The first billionaire ever is thought to be Standard Oil magnate John D.
What city has the most billionaires?
Now there’s a new number one. N ew York City has taken back its crown. With 107 billionaire residents, worth over $640 billion, The Big Apple is home to more three-comma club members than any other city on the planet.
How wealthy is Kansas?
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 is the cost of living in Kansas?
A cost of living index above 100 means Kansas, Kansas is more expensive.
Kansas cost of living is 83.1.
| COST OF LIVING | Kansas | United States |
|---|---|---|
| Overall | 83.1 | 100 |
| Grocery | 93 | 100 |
| Health | 103.4 | 100 |
| Housing | 59.6 | 100 |
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 the poverty rate in Kansas?
In 2020, about 11.4 percent of Kansas’ population lived below the poverty line. This accounts for persons or families whose collective income in the proceeding 12 months was below the national poverty level of the United States.
What is a good net worth by age?
The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.
| Age of head of family | Median net worth | Average net worth |
|---|---|---|
| 35-44 | $91,300 | $436,200 |
| 45-54 | $168,600 | $833,200 |
| 55-64 | $212,500 | $1,175,900 |
| 65-74 | $266,400 | $1,217,700 |
What is considered wealthy by age?
High Net Worth by Age
Age 35 = $1,500,000. Age 45 = $3,400,000. Age 55 = $6,000,000. Age 65 = $9,100,000.
