Parsons is a city in Kansas state in USA with a population of 9648 residents.. The poverty rate of Parsons is 20.1%, which is 44% higher than national average. The typical household in Parsons earns $41091 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 17 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Parsons, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Parsons remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Parsons, only 22% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Parsons is 75, which is 25% lower than national average. Median home value in Parsons is $64600 , which is 72% lower than national average. While median income in Parsons remained $41091, which is 39% lower than national average.