Business and Economy in Wichita, KS
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Wichita , KS, is $45,947, and check out the following articles to get an inside look at its key industries and job opportunities.
Thanks to an educated workforce and a progressive and pro-business environment, Wichita is attracting relocating and expanding companies within and outside the aviation and aerospace industry.
With a long legacy of innovation, Wichita's aviation industry flourishes with foreign investments and an educated workforce.
Wichita State University's Centers of Innovation and vibrant downtown tech scene are putting Wichita on the map.
Wichita has long enjoyed a global reputation for manufacturing excellence, and now thanks to a coordinated efforts to promote new export opportunities, that reputation is spreading.
Wichita residents have access to highly qualified doctors, nurses and cutting-edge care through area hospitals that are continuously enhancing their programs and facilities.
Manufacturers in Wichita are tapping into wind energy and natural gas resources in the area to fuel growth.
Wichita is a vital trucking hub for warehousing and distribution and home to the Wichita Mid-Continent Airport, which is undergoing a $160 million expansion.
Derby, Kan., attracts military families and supports McConnell Air Force Base.
McConnell Air Force Base is an integral part of both Wichita's economy and its community.
From smartphone apps to aerospace spinoffs, entrepreneurs are finding a support system to launch them into success at Wichita State University.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Wichita ’s economy.
Employment Rate in Sedgwick County, KS
Occupations in Wichita , KS
Employment in Wichita , KS
|Employment Armed Forces||0.5%|
|Employment Civilian Labor Force||66%|
|Employment Not in Labor Force||33.5%|
|Employment Total in Labor Force||66.5%|
Industry in Wichita , KS
|Agriculture, Forestry, Fishing and Hunting and Mining||0.9%|
|Transportation and Warehousing, and Utilities||4%|
|Finance and Insurance, and Real Estate and Rental and Leasing||5%|
|Professional, Scientific and Management and Administrative and Waste||9%|
|Educational Services and Health Care and Social Assistance||22.8%|
|Arts, Entertainment and recreation and Accommodation and food Services||9.6%|
|Other Services, Except Public Administration||5%|