Creston, NE Economy


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Creston, Nebraska is a small town located in the southwest region of the state. It is known for its rural charm and close-knit community. The cost of living in Creston is significantly lower than the national average. The average rent for a two bedroom apartment is $910 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Creston is 95 compared to 100 nationally. This makes necessities such as food and housing more affordable for local residents. There are also many local companies to work with, including Wellmark Blue Cross Blue Shield of Iowa and Merchandise Liquidator Incorporated. All in all, Creston, NE provides an affordable place to live with a strong sense of community spirit.

Creston has an unemployment rate of 2.2%. The US average is 6.0%.

Creston 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 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Creston
- The Sales Tax Rate for Creston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Creston 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 Creston
- The average income of a Creston resident is $20,093 a year. The US average is $28,555 a year.
- The Median household income of a Creston resident is $41,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCreston, NebraskaUnited States
  2.26
  -0.9%-6.2%
  27.8%33.5%
  5.5%6.2%
  6.8%4.6%
  $24,513$37,638
  $41,875$69,021
  $54,688$85,028
  Population by Occupation
  22.9%1.2%
  0.0%0.5%
  6.0%6.8%
  14.5%10.0%
  8.4%2.5%
  20.5%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  2.4%4.7%
  1.2%1.9%
  1.2%7.6%
  0.0%0.1%
  1.2%4.2%
  1.2%9.3%
  13.3%14.0%
  0.0%2.1%
  0.0%7.0%
  4.8%4.8%
  1.2%4.7%
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