Reading, NE is a small city located in south central Nebraska. It is home to a diverse range of businesses and industries such as agriculture, transportation and manufacturing. The cost of living in Reading is lower than the national average. This is evidenced by the rent for a two-bedroom apartment being $850 compared to $1,430 nationally and the Grocery Cost Index of 95 compared to 100 in the US. Local companies include Midwest Sand & Gravel, H&H Transportation Inc., W&H Tire & Auto Repair, and Nebraskaland Cosmetics Manufacturing LLC. All these businesses provide excellent services to residents at an affordable cost of living which helps make Reading a great place to live.
Reading has an unemployment rate of 2.6%. The US average is 6.0%.
Reading has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Reading
- The Sales Tax Rate for Reading is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Reading 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 Reading
- The average income of a Reading resident is $31,499 a year. The US average is $28,555 a year.
- The Median household income of a Reading resident is $77,738 a year. The US average is $69,021 a year.