Financial Literacy in Benedict, KS
With a population of roughly 71, Benedict, Kansas is the 545th-largest of 625 incorporated places in Kansas. The population has declined 2.7% since 2020, from 73 to 71. The median age is 58.5, skewing older, where the pressing questions shift toward retirement income, medical costs and passing things on.
1.8% of Benedict residents 25 and older have completed a bachelor's degree or more. That sits 18.4 points below the Kansas average of 20.2%. Put the other way round: of the 57 adults 25 and over counted in the 2019–2023 ACS, roughly 56 — 98.2% — are building their financial lives without a four-year degree behind them.
The typical household here earns $50,208 a year. That is $9,480 below the Kansas median. About 15.9% of residents live below the poverty line. The median home is valued at $52,000, roughly 1× median household income.
Benedict by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 71 |
| Change since 2020 | -2.7% |
| Median household income | $50,208 |
| Adults 25+ with a bachelor’s degree | 1.8% |
| Adults 25+ with a high school diploma | 57.9% |
| Median age | 58.5 |
| Poverty rate | 15.9% |
| Unemployment rate | 0% |
| Median home value | $52,000 |
| Land area | 0.146 sq mi |
| Population density | 486 / sq mi |
What Kansas teaches — and to whom
Kansas has committed to 1 semester of personal finance as a graduation requirement, phasing in with the class of 2027 — so today's middle schoolers will be the first cohort held to it. That covers students still in the system. It does nothing for the adults already out of it — which, in Benedict, is most of the people reading this.
LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.
Where to start in Benedict
Shift from accumulating to drawing down
With a median age of 58.5, a large share of Benedict is closer to drawing on savings than building them. The skills that matter shift accordingly: sequencing withdrawals, understanding Medicare's enrolment windows, and getting beneficiary designations and a will actually filled in.
Questions people ask about Benedict
Do high school students in Benedict, Kansas have to take a personal finance class?
Yes — Kansas has adopted a standalone requirement, phasing in with the graduating class of 2027. Students graduating before then are not covered.
How many adults in Benedict, Kansas have a college degree?
1.8% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 98.2% are managing their finances without one.
What is the median household income in Benedict, Kansas?
$50,208, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Benedict, Kansas learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
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