Thedford, Nebraska is a small rural town located in the southwest corner of the state. The city has an estimated population of only 434 and its small size gives it an intimate atmosphere. Despite the small size of Thedford, there are many amenities in the area such as 2 bedroom rent which is $850, compared to the US average of $1,430. Grocery cost index is also low at 96 compared to the US average 100. There are multiple local businesses that help drive the economy such as City Grocery Store, Carpetright Carpets & Furniture, and Thedford Family Dental Care. With a wide variety of stores and services available, Thedford is an ideal location for those seeking a safe and comfortable community to live in.
Thedford has an unemployment rate of 2.9%. The US average is 6.0%.
Thedford has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Thedford
- The Sales Tax Rate for Thedford is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Thedford 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 Thedford
- The average income of a Thedford resident is $31,666 a year. The US average is $28,555 a year.
- The Median household income of a Thedford resident is $50,962 a year. The US average is $69,021 a year.