South Sioux City, Nebraska is a small but vibrant town located in the northeast corner of the state. The population is just over 15,000 people and the median household income is slightly above the state average. Given its small size, South Sioux City offers a number of local companies that provide goods and services to the community. These include businesses such as Home Depot, Wal-Mart, and Hy-Vee grocery stores. Rent for a two bedroom apartment in South Sioux City is also significantly cheaper than the US average at only $930 per month versus $1,430 across the country. In terms of cost of living, South Sioux City has a Grocery Cost Index of 95 compared to 100 in the US on average. This suggests that groceries are relatively cheaper in this part of Nebraska compared to other parts of the US.
South Sioux City has an unemployment rate of 3.5%. The US average is 6.0%.
South Sioux City has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for South Sioux City
- The Sales Tax Rate for South Sioux City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Sioux City 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 South Sioux City
- The average income of a South Sioux City resident is $17,541 a year. The US average is $28,555 a year.
- The Median household income of a South Sioux City resident is $57,783 a year. The US average is $69,021 a year.