Central City, NE is a great place to live with affordable housing and low cost of living. The average two bedroom rent in Central City is $830 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Central City is 93 versus 100 in the US. This makes it more affordable for residents to buy groceries. There are plenty of local businesses that make Central City a great place to live including Joe's Pizza Shop, Smith's Bakery, and Johnson's Clothing Store. Overall, Central City is an excellent place to reside due to its low cost of living and plethora of local businesses.
Central City has an unemployment rate of 2.5%. The US average is 6.0%.
Central City 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 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Central City
- The Sales Tax Rate for Central City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Central City 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 Central City
- The average income of a Central City resident is $23,725 a year. The US average is $28,555 a year.
- The Median household income of a Central City resident is $59,856 a year. The US average is $69,021 a year.