Addison, NE Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Nebraska / No Metro Area / Knox County / Addison / Zip Codes
Addison, NE is a small town located in central Nebraska. It is known for its quiet atmosphere and low cost of living. The average rent for a two bedroom apartment in Addison is $820, which is much lower than the national average of $1,430. Similarly, the Grocery Cost Index in Addison is 94 versus 100 nationally. This makes it an ideal place to live for people looking to save money and enjoy a more laid-back lifestyle. There are plenty of local businesses that provide employment opportunities such as Bailey's Cash Store, Addison Service Center and Windmill Heights Cafe & Bakery where locals can find breakfast and lunch items. With its favorable cost of living and small-town atmosphere, Addison has become an increasingly attractive home for many Nebraskans.

Addison has an unemployment rate of 2.4%. The US average is 6.0%.

Addison has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Addison
- The Sales Tax Rate for Addison is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Addison 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 Addison
- The average income of a Addison resident is $29,101 a year. The US average is $28,555 a year.
- The Median household income of a Addison resident is $42,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAddison, NebraskaUnited States
  2.46
  0.7%-6.2%
  22.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $22,025$37,638
  $42,000$69,021
Family Median Income 85028
Health
Compare Addison, NE
cost of living
Compare food, housing, utilities, and more in Addison, Nebraska to any other city in the US.