Benkelman, NE is a small town with a population of 1,666 people. It is the county seat of Dundy County and offers a rural lifestyle to its inhabitants. The cost of living is relatively low compared to the US average. Two bedroom rental costs in Benkelman are $820 per month, while the US average sits at $1,430. Grocery Cost Index in Benkelman is 93 versus 100 for the US. This makes it an attractive option for those looking for an affordable place to live and raise a family. Local businesses in Benkelman include H&S Coop Agronomy Center, Vail Fur and Wool Company, Bennie's Steakhouse & Lounge and several other businesses. There are also a number of local attractions such as Lake McConaughy State Recreation Area where visitors can camp, fish or boat; Fort Robinson State Park which features trails and historic sites; plus museums showcasing artifacts from early settlement period of Nebraska’s High Plains area.
Benkelman has an unemployment rate of 1.6%. The US average is 6.0%.
Benkelman has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Benkelman
- The Sales Tax Rate for Benkelman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Benkelman 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 Benkelman
- The average income of a Benkelman resident is $21,685 a year. The US average is $28,555 a year.
- The Median household income of a Benkelman resident is $43,182 a year. The US average is $69,021 a year.