Chadron, NE Economy


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United States / Nebraska / No Metro Area / Dawes County / Chadron / Zip Codes
Chadron, NE is an affordable and welcoming small town located in the northwest corner of Nebraska. It has a population of around 5,400 people and offers plenty of amenities for its residents. The cost of living is very reasonable, with a two bedroom rent costing only $870 compared to the US average of $1,430. Grocery costs are also low with an index score of 98 versus the US average of 100. Local businesses include grocery stores such as Fresh Thyme Farmers Market and Hy-Vee, as well as restaurants like Mimi's Pizza & Steakhouse and TJ's Bar & Grill. There are numerous outdoor activities such as hiking at Chadron State Park, fishing at Chadron Lake, and camping in the nearby National Forest. For those seeking entertainment there is a movie theater, bowling alley and various other attractions available year-round.

Chadron has an unemployment rate of 1.9%. The US average is 6.0%.

Chadron has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Chadron
- The Sales Tax Rate for Chadron is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Chadron 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 Chadron
- The average income of a Chadron resident is $21,885 a year. The US average is $28,555 a year.
- The Median household income of a Chadron resident is $50,363 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChadron, NebraskaUnited States
  1.96
  -1.1%-6.2%
  19.9%33.5%
  7.5%6.2%
  6.8%4.6%
  $25,527$37,638
  $50,363$69,021
  $69,250$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  4.3%6.8%
  5.0%10.0%
  0.1%2.5%
  10.1%11.0%
  3.1%4.8%
  0.0%0.8%
  0.9%1.9%
  5.4%4.7%
  1.2%1.9%
  1.6%7.6%
  0.0%0.1%
  1.8%4.2%
  31.6%9.3%
  11.9%14.0%
  0.7%2.1%
  9.5%7.0%
  4.2%4.8%
  3.9%4.7%
Reviews for Chadron
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Over 12 years ago

Chadron is the perfect place to re-invent, re-new, re-finance your life. It is however, a *small* town. If you are interested in dining out, shopping, etc. though there  More

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Over 17 years ago

Nice little college/ranch town. Not the place for everyone, but overall a very enjoyable place to live. Nice people, good climate (for the midwest), plenty of access  More

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