Rock Falls, NE is a great place to live and work with a low cost of living and a wide variety of businesses. The average two bedroom rent in Rock Falls is just $840 per month compared to the national average which is $1,430 making it an affordable option for those looking for housing. According to Numbeo's “Grocery Cost Index”, food costs in Rock Falls are 95 compared to 100 throughout the US. This makes essential goods more affordable for resident of this community.
The local economy has various businesses from retail outlets like Walmart and Target to smaller locally owned businesses such as Rock Falls Hardware and Home Center. There are also several restaurants such as Applebee’s Grill & Bar, El Tapatio Mexican Restaurant, and Buffalo Wild Wings for dining out with family or friends. With the low cost of living combined with business opportunities throughout the area, Rock Falls is an ideal place to settle down in Nebraska.
Rock Falls has an unemployment rate of 1.9%. The US average is 6.0%.
Rock Falls 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 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Rock Falls
- The Sales Tax Rate for Rock Falls is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rock Falls 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 Rock Falls
- The average income of a Rock Falls resident is $15,994 a year. The US average is $28,555 a year.
- The Median household income of a Rock Falls resident is $100,000 a year. The US average is $69,021 a year.