Broken Bow, NE is a small city in central Nebraska known for its natural beauty. The city has many local businesses such as Broken Bow Lumber & Supply, Rasmussen Equipment Co., and Country Stationers & Print plus many others. Broken Bow also offers lower costs of living than the US average, with two bedroom rent being $820 compared to $1,430 nationally and a Grocery Cost Index of 94 versus 100 in the US. Therefore, Broken Bow is an attractive destination for anyone looking for affordable housing and low cost groceries while also enjoying the outdoors and the bustling small-town atmosphere.
Broken Bow has an unemployment rate of 1.7%. The US average is 6.0%.
Broken Bow 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 Broken Bow
- The Sales Tax Rate for Broken Bow is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Broken Bow 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 Broken Bow
- The average income of a Broken Bow resident is $23,268 a year. The US average is $28,555 a year.
- The Median household income of a Broken Bow resident is $46,167 a year. The US average is $69,021 a year.