Falls City, NE Economy

Falls City, NE is a charming city nestled in the heart of Nebraska. The cost of living in Falls City is quite affordable - 2 Bedroom rent averages at $730 per month compared to $1,430 for the US as a whole. Grocery prices are also attractive, with an index rating of 93 compared to 100 for the country. The city is home to a variety of local businesses such as Tenderheart Animal Hospital, Olney’s Market Place and Lyons Paint & Body Shop. Visitors and residents alike can enjoy all that Falls City has to offer at very reasonable costs.

Falls City has an unemployment rate of 2.6%. The US average is 6.0%.

Falls City has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Falls City
- The Sales Tax Rate for Falls City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falls City 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 Falls City
- The average income of a Falls City resident is $22,014 a year. The US average is $28,555 a year.
- The Median household income of a Falls City resident is $37,712 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Falls City, Nebraska	United States
	2.6	6
	-1.5%	-6.2%
	21.4%	33.5%
	7.0%	6.2%
	6.8%	4.6%
	$24,198	$37,638
	$37,712	$69,021
	$44,732	$85,028
Population by Occupation
	6.5%	1.2%
	0.0%	0.5%
	13.7%	6.8%
	13.5%	10.0%
	2.0%	2.5%
	11.7%	11.0%
	3.6%	4.8%
	2.2%	0.8%
	0.4%	1.9%
	2.0%	4.7%
	1.3%	1.9%
	0.5%	7.6%
	0.0%	0.1%
	2.1%	4.2%
	11.5%	9.3%
	17.3%	14.0%
	4.7%	2.1%
	3.3%	7.0%
	3.3%	4.8%
	0.4%	4.7%