Herman, NE is a small town located in Dodge County. It is known for its friendly people and low cost of living. The average 2 bedroom rent is $900 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Herman is 95 versus 100 in the US, making it an affordable place to live. \nThe businesses located in Herman are mostly small family run operations; some of these being B & B Meats (your hometown butcher shop), Andersen's Dairy Farm (a local farm serving fresh milk daily) and Donovan Auto Repair (the go-to auto repair shop since 1965). These businesses provide great service to their customers while keeping costs as low as possible so locals can get the most out of their money.
Herman has an unemployment rate of 2.6%. The US average is 6.0%.
Herman has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Herman
- The Sales Tax Rate for Herman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Herman 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 Herman
- The average income of a Herman resident is $19,434 a year. The US average is $28,555 a year.
- The Median household income of a Herman resident is $67,664 a year. The US average is $69,021 a year.