Davenport, NE is a small rural town located in the Midwest. It is a great place to live, with affordable rent and cost of living. The average 2 Bedroom rent is $830, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index here in Davenport is 91 compared to 100 in the US. Local businesses in Davenport include Davenport Auto Parts, Davenport Family Farm & Garden Center, and Davenport Grain Co-Op. These long standing establishments create a thriving economy and make for a pleasant town atmosphere.
Davenport has an unemployment rate of 1.6%. The US average is 6.0%.
Davenport has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Davenport
- The Sales Tax Rate for Davenport is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Davenport 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 Davenport
- The average income of a Davenport resident is $18,548 a year. The US average is $37,638 a year.
- The Median household income of a Davenport resident is $55,000 a year. The US average is $69,021 a year.