Amherst, NE Economy


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Amherst, NE is a small town located in the midwestern United States. It is a great place to live, work and raise a family due to its affordability. The average two bedroom rent is $930 compared to the US average which is $1,430 making it an attractive destination for those looking for more affordable housing options. Additionally, the Grocery Cost Index of 96 shows that groceries can be bought at lower prices than many other places across the country. This makes Amherst a great place for families on a budget. \nThe town offers plenty of amenities for its residents as well. There are several restaurants and shops including Schillers Restaurant and Grille, Johnson's Bakery and Cafe, and Pink Poodle Boutique. There are also several parks, recreational centers and churches in Amherst where residents can enjoy social activities with their friends and family.

Amherst has an unemployment rate of 2.1%. The US average is 6.0%.

Amherst has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Amherst
- The Sales Tax Rate for Amherst is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Amherst 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 Amherst
- The average income of a Amherst resident is $25,098 a year. The US average is $28,555 a year.
- The Median household income of a Amherst resident is $61,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmherst, NebraskaUnited States
  2.16
  -2.9%-6.2%
  29.2%33.5%
  5.5%6.2%
  6.8%4.6%
  $25,256$37,638
  $61,667$69,021
  $68,750$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  4.2%6.8%
  8.5%10.0%
  5.9%2.5%
  10.2%11.0%
  11.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.5%4.7%
  5.9%1.9%
  2.5%7.6%
  0.0%0.1%
  0.8%4.2%
  12.7%9.3%
  8.5%14.0%
  0.0%2.1%
  4.2%7.0%
  16.1%4.8%
  0.8%4.7%
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