Grand Island, NE is a great place to live for those looking for a more relaxed pace of life. It is an affordable city with 2 bedroom rent at $880 and grocery cost index of 96 versus the US average of 100. Grand Island has many local businesses such as Hy-Vee, Walmart Supercenter, and Tractor Supply Co where residents can find anything they need. For those interested in exploring the area, there are several tourist attractions such as Fonner Park Racetrack & Casino, Stuhr Museum of the Prairie Pioneer, and the Island Oasis Water Park all available to enjoy year-round.
Grand Island has an unemployment rate of 3.4%. The US average is 6.0%.
Grand Island has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Grand Island
- The Sales Tax Rate for Grand Island is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Island 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 Grand Island
- The average income of a Grand Island resident is $23,221 a year. The US average is $28,555 a year.
- The Median household income of a Grand Island resident is $58,162 a year. The US average is $69,021 a year.