Savannah, NE is a small town located in the northeastern region of the state. The cost of living in Savannah is very affordable with a two bedroom rent averaging at $830 compared to the US average of $1,430. Additionally, the grocery cost index in Savannah is 97 versus 100 in the US. This makes it an attractive location for those looking for affordable housing options or to start their own business. Local companies in Savannah include Hormel Foods Corporation, Neumann Brothers Inc., and Pilger Grain & Ag Services LLC. With its affordability and access to quality services, it's no wonder that many people are considering moving to this quaint little town.
Savannah has an unemployment rate of 2.6%. The US average is 6.0%.
Savannah 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 Savannah
- The Sales Tax Rate for Savannah is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Savannah 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 Savannah
- The average income of a Savannah resident is $22,424 a year. The US average is $28,555 a year.
- The Median household income of a Savannah resident is $54,519 a year. The US average is $69,021 a year.