Lawrence, KS Overview Few cities can offer the whole package that awaits you in Lawrence, Kansas. Economically, ...
Lawrence, KS Overview
Few cities can offer the whole package that awaits you in Lawrence, Kansas. Economically, Lawrence is one of the strongest small cities in the country, with Forbes ranking it #25 on its list of the best small places for business and careers in the U.S. Known as a college town, Lawrence also offers a host of educational opportunities through institutions like the University of Kansas (KU) and Haskell Indian Nations University. Last but not least, Lawrence is filled with culture and is renowned for its art and music scene.
Home to 92,763 people, Lawrence boasts attractions such as the Bowersock Dam, Spencer Museum of Art, and a downtown area bustling with shops, restaurants, and plenty of bars. For the quality of life Lawrence has to offer, the cost of living is remarkably modest at 8.3 percent below the national average. The median household income is $47,411, and the median home price is $155,100.
Lawrence, KS Job Opportunities
KU is the largest source of Lawrence, KS jobs. The university is also the primary reason that Lawrence's economy is so diverse; KU offers positions in scientific research, education, agriculture, and finance jobs in Lawrence, KS. In the private sector, General Dynamics is the city's largest employer, offering systems engineering and information technology jobs in Lawrence, KS. Other major employers include Lawrence Public Schools, Vangent (information services), and Lawrence Memorial Hospital.
Lawrence, KS Employment Trends
The growth of Lawrence, KS jobs has been slow in recent years, but economists predict future annual job growth of about 1.8 percent. In mid-2015, the Lawrence unemployment rate dropped to 3.6 percent, which is one of the city's lowest unemployment rates since 2008. Unemployment in Lawrence has consistently remained below that of nearby Topeka, the state of Kansas, and the country as a whole in recent years.