Byron, Nebraska is a small town with a population of just over 1,000 people. It has a very low cost of living compared to the national average and this is evidenced by two bedroom rent being only $750 and the grocery cost index being 91 compared to 100 in the US. There are many local businesses in Byron such as Kropf's Automotive Repair, Gopher Lumber & Hardware, and J&T Auto Sales & Service, that help keep this small town running.
Byron has an unemployment rate of 1.6%. The US average is 6.0%.
Byron has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Byron
- The Sales Tax Rate for Byron is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Byron 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 Byron
- The average income of a Byron resident is $21,865 a year. The US average is $28,555 a year.
- The Median household income of a Byron resident is $44,375 a year. The US average is $69,021 a year.