Galena, NE Economy


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Galena, Nebraska is a great place to live for those looking for an affordable lifestyle. This small town has a very low 2 bedroom rental rate of $810, which is significantly lower than average US rental rate of $1,430. Additionally, groceries are much cheaper than the national average, coming in at 94 on the cost index versus 100 in the US. In Galena you can find a variety of local businesses such as L&K Automotive Repair, Pizza Hut and Andria's Steakhouse. For entertainment you have The Grand Theater and golfing at Galena Hills Golf Course. While it may be a small town there is plenty to do and see!

Galena has an unemployment rate of 2.7%. The US average is 6.0%.

Galena has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Galena
- The Sales Tax Rate for Galena is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Galena 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 Galena
- The average income of a Galena resident is $38,875 a year. The US average is $37,638 a year.
- The Median household income of a Galena resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGalena, NebraskaUnited States
  2.76
  -2.2%-6.2%
  21.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $38,875$37,638
  $55,000$69,021
  $66,250$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  9.0%6.8%
  14.6%10.0%
  0.0%2.5%
  1.4%11.0%
  2.8%4.8%
  0.0%0.8%
  2.1%1.9%
  0.0%4.7%
  0.0%1.9%
  10.4%7.6%
  0.0%0.1%
  0.0%4.2%
  2.1%9.3%
  23.6%14.0%
  4.2%2.1%
  10.4%7.0%
  4.9%4.8%
  2.1%4.7%
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