Carroll, NE Economy


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United States / Nebraska / No Metro Area / Wayne County / Carroll / Zip Codes
Carroll, NE is a small town located about two hundred miles from Omaha. It has a population of 500 people and is known for its pleasant year-round climate. The average rent for a 2 bedroom apartment in Carroll, NE is $810, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Carroll, NE is 93 compared to the US average of 100. Local companies in Carroll include Sunrise Electric and Joe's Bakery & Cafe. Sunrise Electric provides residential and commercial electrical services throughout the area and Joe's Bakery & Cafe specializes in a variety of baked goods as well as lunch and dinner items. Both businesses have been key components to the local economy for many years.

Carroll has an unemployment rate of 2.0%. The US average is 6.0%.

Carroll has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Carroll
- The Sales Tax Rate for Carroll is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carroll 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 Carroll
- The average income of a Carroll resident is $21,271 a year. The US average is $28,555 a year.
- The Median household income of a Carroll resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarroll, NebraskaUnited States
  26
  -3.3%-6.2%
  31.3%33.5%
  5.5%6.2%
  6.8%4.6%
  $21,488$37,638
  $51,250$69,021
  $54,375$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  13.3%6.8%
  14.8%10.0%
  4.7%2.5%
  5.5%11.0%
  1.6%4.8%
  0.0%0.8%
  2.3%1.9%
  0.8%4.7%
  0.8%1.9%
  5.5%7.6%
  0.0%0.1%
  0.0%4.2%
  12.5%9.3%
  15.6%14.0%
  0.0%2.1%
  13.3%7.0%
  0.8%4.8%
  5.5%4.7%
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