Hubbell, NE is a small town with a population of around 500 people. It is located in the Midwest and is known for its tranquil atmosphere. Local companies include Hubbell Auto Parts, Ted's Lumberyard, and The Hubbell Market. Despite being home to smaller businesses, Hubbell offers its residents an affordable living experience. The median rent for a two bedroom apartment is $760 per month, which is approximately half the cost of what it costs in the United States on average. Additionally, groceries are slightly cheaper than elsewhere in the country; at 92 index points versus 100 across the US on average. Therefore, Hubbell provides its residents with an affordable lifestyle without sacrificing quality of life.
Hubbell has an unemployment rate of 1.6%. The US average is 6.0%.
Hubbell 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 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Hubbell
- The Sales Tax Rate for Hubbell is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hubbell 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 Hubbell
- The average income of a Hubbell resident is $12,285 a year. The US average is $28,555 a year.
- The Median household income of a Hubbell resident is $33,750 a year. The US average is $69,021 a year.