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Kansas

A guide to help you understand the ins and outs of business in Kansas

Overview

Kansas is a Midwestern state in the central part of the country. Topeka is the capital but Wichita is the largest city. Kansas is the 15th largest state by area and has 2.98 million residents, making it the 34th most populous state. The GDP for Kansas reached $241,300,000,000.

The top industries in Kansas by overall gross product are manufacturing, professional and business services, and real estate, rental, and leasing, heavily driven by its aerospace, agriculture, energy, and logistics sectors. Kansas remains home to major aircraft manufacturing facilities, including Spirit AeroSystems and the Textron Aviation assembly hubs for Cessna and Beechcraft, alongside specialized maintenance footprints for Bombardier aircraft lines. Wichita firmly retains its title as the "Air Capital of the World."

Kansas' specific commercial ties to Qatar primarily thrive on niche agricultural commodities. Notably, Kansas stands as the #1 top U.S. state exporter of dairy, eggs, and honey products to Qatar, shipping roughly $1.8 million in these specific goods alone.

Kansas does not have a flat corporate income tax rate; instead, it levies a graduated corporate tax consisting of a 4% base rate on all corporate net income, plus a 3% surtax on net income exceeding $50,000, bringing the top marginal corporate tax rate to 7%. Financial institutions are subject to a separate 7% privilege tax structure.

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