Where you live can have a big impact on how much you can save, according to a recent study from financial technology company SmartAsset. The study measured savings account rates against household income, living expenses, and tax burdens in counties across the country to find where it pays the most to save. According to the study, Geary County ranked among the top places in Kansas.
For a look at how the top counties in Kansas stacked up, check out the table below:
| Rank | County | Net Median Income | Effective Tax Rate | Average Savings Account Rate | Interest Earned | Savings Rate Return | Savings Return Rate Index |
|---|---|---|---|---|---|---|---|
| 1 | Grant, KS | $24,746 | 14.53% | 0.55% | $588 | 1.07% | 37.24 |
| 2 | Rawlins, KS | $19,154 | 14.53% | 0.53% | $438 | 0.89% | 30.91 |
| 3 | Geary, KS | $12,778 | 14.53% | 0.50% | $276 | 0.61% | 21.20 |
| 4 | Lane, KS | $27,904 | 14.53% | 0.29% | $354 | 0.61% | 21.19 |
| 5 | Doniphan, KS | $18,782 | 14.53% | 0.37% | $297 | 0.60% | 20.93 |
| 6 | Pottawatomie, KS | $30,899 | 14.53% | 0.28% | $365 | 0.58% | 20.32 |
| 7 | Gray, KS | $29,024 | 14.53% | 0.28% | $343 | 0.58% | 20.00 |
| 8 | Scott, KS | $31,665 | 14.53% | 0.25% | $340 | 0.55% | 19.11 |
| 9 | Ness, KS | $16,189 | 14.53% | 0.35% | $244 | 0.52% | 17.93 |
| 10 | Ford, KS | $18,759 | 14.53% | 0.29% | $234 | 0.47% | 16.37 |
For more information on the study, including the methodology and interactive map, check here: https://smartasset.com/