Cottonwood Township (Nance Cnty), NE is a small town with plenty of charm. It's the perfect place to call home for those who are looking for a peaceful, rural setting. The cost of living in Cottonwood Township is slightly lower than the national average, with two-bedroom rent coming in at $840 compared to the U.S. average of $1430. Grocery Cost Index in Cottonwood township is 95 compared to 100 in the US. Local companies include Nance County Bank, Cottonwood Ag Services, and The Cottonwood Café & Pub. There are many great places to visit in Cottonwood Township as well, such as Konecky Ranch Park which boasts beautiful trails and views, Cedar Creek Golf Course where you can take in a round of golf or just enjoy the scenery, and Forney Lake which is a great spot for fishing and swimming.
Cottonwood township (Nance County) has an unemployment rate of 2.2%. The US average is 6.0%.
Cottonwood township (Nance County) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Cottonwood township (Nance County)
- The Sales Tax Rate for Cottonwood township (Nance County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cottonwood township (Nance County) 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 Cottonwood township (Nance County)
- The average income of a Cottonwood township (Nance County) resident is $16,975 a year. The US average is $28,555 a year.
- The Median household income of a Cottonwood township (Nance County) resident is $67,500 a year. The US average is $69,021 a year.