Arnold, Nebraska is a small city with a population of around 1,000 inhabitants. The area is known for its excellent quality of life due to its low cost of living and access to nearby amenities. 2 Bedroom Rent in Arnold, NE is $840 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Arnold, NE is 95 versus 100 in the US. This provides residents with an opportunity to save money on their grocery expenditure. \nThe city's economy is primarily driven by service-related businesses such as retail stores, restaurants and cafes as well as some local manufacturing companies like Arnold Cabinet & Furniture Inc and Hugo’s Supermarket. Residents also enjoy a range of recreational activities such as golfing at Arnold Country Club or visiting the nearby Museum of Nebraska Art. With its affordable cost of living and access to local services and amenities, Arnold remains an attractive place for those looking for a relaxed lifestyle away from larger cities.
Arnold has an unemployment rate of 1.7%. The US average is 6.0%.
Arnold has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Arnold
- The Sales Tax Rate for Arnold is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Arnold is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Arnold
- The average income of a Arnold resident is $26,903 a year. The US average is $28,555 a year.
- The Median household income of a Arnold resident is $63,750 a year. The US average is $69,021 a year.