Kennard, NE is a small town located in the Midwest. It is known for its friendly atmosphere and low cost of living. Rent for a two-bedroom apartment in Kennard, NE is $1,230 which is considerably lower than the US average rent of $1,430. The Grocery Cost Index in Kennard is also significantly lower at 96 compared to the national average of 100. Local companies in Kennard include an auto repair shop, plumbing business, restaurant, and bank. These businesses provide residents with convenient services while keeping prices competitive due to lower overhead costs associated with operating a business in a smaller town. All things considered, Kennard offers an affordable and comfortable lifestyle perfect for those looking to relocate or start new businesses.
Kennard has an unemployment rate of 2.6%. The US average is 6.0%.
Kennard 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 Kennard
- The Sales Tax Rate for Kennard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kennard 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 Kennard
- The average income of a Kennard resident is $26,740 a year. The US average is $28,555 a year.
- The Median household income of a Kennard resident is $91,250 a year. The US average is $69,021 a year.