Hamilton, NE is a small town located in south central Nebraska. It is a quiet rural area with all the typical amenities that come with life in a small town, including local stores, restaurants, and even its own school district. The cost of living in Hamilton is quite low compared to most other parts of the country. Rent for a two bedroom apartment averages around $830 per month, which is significantly lower than the national average of $1,430. Similarly, the grocery cost index in Hamilton is 92 compared to 100 in the US on average. Popular businesses in Hamilton include Kloefkorn’s Meat Market & Locker Co., Hamilton Bakery & Cafe and Cubby’s Convenience Store. With such low prices and quality local businesses, it’s no surprise that many people choose to call Hamilton home.
Hamilton has an unemployment rate of 2.1%. The US average is 6.0%.
Hamilton 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 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton
- The Sales Tax Rate for Hamilton is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton
- The average income of a Hamilton resident is $21,280 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton resident is $64,250 a year. The US average is $69,021 a year.