Crab Orchard, NE is a small town in central Nebraska with an estimated population of just under 500 people. Despite its small size, it's a great place to live for those on a budget. Rent for two-bedroom apartments is about $840 per month, which is much lower than the national average of $1,430. The grocery cost index in Crab Orchard is also comparatively low at 91 versus 100 in the US. Local companies include Prairie & Plains resources, Inc., Cattleman's Store and Cafe, and Sandhills Credit Union.
It's important to know the cost of living in a city before committing to moving there. Knowing how much rent or groceries will cost can help people decide if they can afford to live comfortably or if they need to look elsewhere for better prices. In Crab Orchard's case, it's an ideal location for those seeking a lower-priced option for housing and groceries.
Crab Orchard has an unemployment rate of 3.5%. The US average is 6.0%.
Crab Orchard has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Crab Orchard
- The Sales Tax Rate for Crab Orchard is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Crab Orchard 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 Crab Orchard
- The average income of a Crab Orchard resident is $13,593 a year. The US average is $28,555 a year.
- The Median household income of a Crab Orchard resident is $56,250 a year. The US average is $69,021 a year.