Hubbard, NE Economy


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Hubbard, NE is a small town located in the Midwestern United States. It offers a low cost of living compared to other parts of the country, with two bedroom rent averaging at $1,240 per month, while the US average is $1,430. The Grocery Cost Index in Hubbard is 98 versus 100 in the US. \nThe city has a few local businesses who are proud to call Hubbard home. These include Chisholm Trail Cattle Company, Wiedel Feedlot & Cattle Co., and Two Rivers Grain Elevator & Agronomy Center. With a population of only around 300 people, these companies are committed to providing their customers with quality products and services that meet their needs and expectations.

Hubbard has an unemployment rate of 3.5%. The US average is 6.0%.

Hubbard has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.

Tax Rates for Hubbard
- The Sales Tax Rate for Hubbard is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hubbard 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 Hubbard
- The average income of a Hubbard resident is $26,130 a year. The US average is $28,555 a year.
- The Median household income of a Hubbard resident is $52,426 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHubbard, NebraskaUnited States
  3.56
  -2.7%-6.2%
  20.3%33.5%
  6.0%6.2%
  6.8%4.6%
  $35,928$37,638
  $52,426$69,021
  $80,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.2%6.8%
  9.3%10.0%
  1.9%2.5%
  29.0%11.0%
  0.9%4.8%
  4.7%0.8%
  0.0%1.9%
  3.7%4.7%
  12.2%1.9%
  0.9%7.6%
  0.0%0.1%
  2.8%4.2%
  0.9%9.3%
  7.5%14.0%
  5.6%2.1%
  0.9%7.0%
  3.7%4.8%
  3.7%4.7%
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