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Wood Lake, NE Economy
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Nebraska
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Cherry County
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Wood Lake, NE is a small town located in central Nebraska. It is known for its friendly atmosphere and relatively low cost of living. The average two-bedroom rent is $810, which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Wood Lake is 98 versus 100 in the US.
Wood Lake has many local businesses and amenities that residents can take advantage of. These include several small shops such as Treba’s Bakery, Tisdale’s Hardware Store, and Bennett’s Pet Store. There are also a few restaurants such as Joe’s Diner and the Buffalo Grill that are popular with locals. For outdoor activities, residents can visit Wood Lake Park or go fishing at nearby Corral Creek Reservoir. As a whole, Wood Lake has something for everyone to enjoy!
Income by Population Percent
Economy
Wood Lake, Nebraska
United States
Unemployment Rate
1.6
6
Recent Job Growth
-1.5%
-6.2%
Future Job Growth
21.6%
33.5%
Sales Taxes
7.0%
6.2%
Income Tax
6.8%
4.6%
Income per Cap.
$27,600
$37,638
Household Income
69021
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