Waco, NE is a small town located in the State of Nebraska. The cost of living here is considerably lower than the US average with two bedroom rent averaging $940 per month compared to $1,430 across the country. The local grocery cost index is 96 compared to 100 in the US. Major employers in Waco include Papa John's Pizza, Casey's General Store and First National Bank. There are also several independent businesses such as Sal Mancini Builders and Waco Farms which provide employment opportunities for residents.
Waco has an unemployment rate of 2.0%. The US average is 6.0%.
Waco has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Waco
- The Sales Tax Rate for Waco is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Waco 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 Waco
- The average income of a Waco resident is $38,146 a year. The US average is $37,638 a year.
- The Median household income of a Waco resident is $68,611 a year. The US average is $69,021 a year.