Preston, NE is a small town located in the Midwest. It has a population of about 2,500 people and is known for its friendly atmosphere. The housing market in Preston is quite affordable, with average two-bedroom rent only being $730 per month, compared to the national average which is almost double at $1,430. This city also offers some great job opportunities thanks to local companies such as Sinclair Oil Corporation and Reliance Bancorp Inc. Additionally, the cost of living index in Preston is 93 versus 100 in the US further making this area an attractive place to live. With plenty of local amenities and resources that blend affordability with quality of life, it’s no wonder why so many people are drawn to this small town.
Preston has an unemployment rate of 2.6%. The US average is 6.0%.
Preston has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Preston
- The Sales Tax Rate for Preston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Preston 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 Preston
- The average income of a Preston resident is $17,076 a year. The US average is $28,555 a year.
- The Median household income of a Preston resident is $45,000 a year. The US average is $69,021 a year.