Marion, NE is a small town located in Northeast Nebraska. The population of Marion is just under 500 people, making it an attractive small community with plenty of opportunities. The cost of living in Marion is significantly lower than the US average, with 2 bedroom rent averaging $800 compared to $1,430 across the US. Grocery costs are also much lower in Marion as groceries have a cost index rating of 91 versus 100 nationally.
There are plenty of local businesses that operate in Marion including Dorsey's Hardware Store, Ripey's Auto Repair and Sorensen's Lumber Yard. These businesses serve their small town by providing locals with products and services they need to sustain their daily lives while contributing to the local economy.
Marion has an unemployment rate of 2.5%. The US average is 6.0%.
Marion has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $32,362 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $58,750 a year. The US average is $69,021 a year.