Ord, NE is a small city located near the Nebraska-South Dakota border with a population of around 2,000 people. It is known for its scenic views of corn and wheat fields. The city is home to several businesses including Sunrise State Bank, Whitetail Construction Company, First National Bank, and Ag Valley Co-op. The cost of living in Ord is significantly lower than other parts of the U.S., with an average two bedroom rent at $800 as compared to $1,430 nationally. Additionally, grocery costs are only 94 on the index compared to 100 nationally. Overall, residents of Ord can enjoy a relaxed lifestyle with plenty of outdoor activities while taking advantage of living costs that are much lower than those in many other places around the country.
Ord has an unemployment rate of 2.3%. The US average is 6.0%.
Ord has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Ord
- The Sales Tax Rate for Ord is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ord 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 Ord
- The average income of a Ord resident is $29,226 a year. The US average is $37,638 a year.
- The Median household income of a Ord resident is $51,694 a year. The US average is $69,021 a year.