Nemaha, IA Economy


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United States / Iowa / No Metro Area / Sac County / Nemaha / Zip Codes
Nemaha, IA is a small town with an estimated population of 1,350 people. It is a great place for families and individuals to settle down due to its low cost of living compared to the national average. The monthly rent for two bedroom apartments is just $770, whereas it’s $1,430 nationally. Grocery costs in Nemaha are also lower than average at 94 points index versus the US figure of 100 points.
Nemaha has many local businesses that help bring the community together such as Outback Steakhouse, Grog's Chop Shop, Andler's Main Street Cafe & Bakery and Nemaha Care Center Assisted Living. All these businesses offer unique experiences to visitors as well as residents that make them feel right at home in Nemaha.

Nemaha has an unemployment rate of 3.8%. The US average is 6.0%.

Nemaha has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.

Tax Rates for Nemaha
- The Sales Tax Rate for Nemaha is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nemaha is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nemaha
- The average income of a Nemaha resident is $22,728 a year. The US average is $28,555 a year.
- The Median household income of a Nemaha resident is $56,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNemaha, IowaUnited States
  3.86
  -4.7%-6.2%
  16.9%33.5%
  7.0%6.2%
  7.4%4.6%
  $18,073$37,638
  $56,042$69,021
  $56,750$85,028
  Population by Occupation
  20.6%1.2%
  0.0%0.5%
  0.0%6.8%
  29.4%10.0%
  0.0%2.5%
  2.9%11.0%
  0.0%4.8%
  0.0%0.8%
  8.8%1.9%
  0.0%4.7%
  2.9%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  17.6%9.3%
  2.9%14.0%
  0.0%2.1%
  2.9%7.0%
  2.9%4.8%
  8.8%4.7%
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