Chester, NE Economy


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United States / Nebraska / No Metro Area / Thayer County / Chester / Zip Codes
Chester, NE is a small town with a population of approximately 1000 people. It boasts a low cost of living where two bedroom rent comes in at $800 per month, significantly lower than the national average of $1,430. The Grocery Cost Index in Chester is also much lower than the nation as a whole at 90 versus 100. This makes it an attractive destination for those looking for affordability without sacrificing quality of life. There are plenty of local businesses to choose from including hardware stores, restaurants, clothing boutiques and more. With its low cost of living, Chester offers an excellent quality of life that fits within budget-friendly parameters.

Chester has an unemployment rate of 1.6%. The US average is 6.0%.

Chester 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 Chester
- The Sales Tax Rate for Chester is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Chester 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 Chester
- The average income of a Chester resident is $27,349 a year. The US average is $28,555 a year.
- The Median household income of a Chester resident is $58,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChester, NebraskaUnited States
  1.66
  -0.6%-6.2%
  19.8%33.5%
  6.5%6.2%
  6.8%4.6%
  $26,314$37,638
  $58,250$69,021
  $67,188$85,028
  Population by Occupation
  15.1%1.2%
  0.0%0.5%
  13.0%6.8%
  5.8%10.0%
  10.8%2.5%
  5.0%11.0%
  3.6%4.8%
  5.0%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  2.9%4.2%
  7.2%9.3%
  18.0%14.0%
  0.0%2.1%
  2.9%7.0%
  5.0%4.8%
  0.7%4.7%
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