McCool Junction is a small city located in Nebraska with a population of just over 500 people. It is a rural community that is known for its friendly atmosphere and warm hospitality. The local economy is mainly supported by agriculture and business services, with a handful of companies providing jobs to the community, including Miller Seeds, Precision Signs & Graphics, and M&N Feed Company. The cost of living in McCool Junction is much lower than the national average; rent for a two bedroom apartment averages at $910 per month while the US average is $1,430 per month. Grocery costs in McCool Junction are also lower than the US average with an index score of 98 compared to 100 in the US. In conclusion, living in McCool Junction offers affordable costs of living coupled with close-knit community values.
McCool Junction has an unemployment rate of 2.0%. The US average is 6.0%.
McCool Junction has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for McCool Junction
- The Sales Tax Rate for McCool Junction is 5.5%. The US average is 7.3%.
- The Income Tax Rate for McCool Junction 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 McCool Junction
- The average income of a McCool Junction resident is $23,138 a year. The US average is $28,555 a year.
- The Median household income of a McCool Junction resident is $102,875 a year. The US average is $69,021 a year.