Ericson, NE is a charming town located in the Midwest. It's known for its friendly people and rural atmosphere. The cost of living in Ericson is relatively low compared with the national average; 2 bedroom rent is only $850, while the US average is $1,430, and grocery costs are 92 compared with 100 on average in the US. Despite being a small town, Ericson has plenty to offer those looking for a new home. There are multiple local businesses such as a grocery store, bank, restaurants, and even a movie theater. Additionally, Ericson has great parks for recreation as well as nearby lakes perfect for fishing and swimming during hot summer days. With its affordability and rural charm, Ericson provides an attractive environment for families looking to settle down or retire.
Ericson has an unemployment rate of 1.1%. The US average is 6.0%.
Ericson has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Ericson
- The Sales Tax Rate for Ericson is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ericson 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 Ericson
- The average income of a Ericson resident is $22,525 a year. The US average is $28,555 a year.
- The Median household income of a Ericson resident is $36,875 a year. The US average is $69,021 a year.