Decatur, NE is a small town with a population of less than 600 people. It is situated in the northeastern part of Nebraska and is known for its friendly locals and vibrant atmosphere. The cost of living in Decatur is quite affordable with the average 2 bedroom rental at $830 compared to the US average of $1,430. The Grocery Cost Index in Decatur is also lower compared to the US average at 93 as opposed to 100. Local businesses include Decatur Auto & Tractor, A&W Restaurant, and RKL Distributors, Inc., which provides various services such as technical support and maintenance services for industrial equipment like chainsaws and sawmills.
Decatur has an unemployment rate of 2.6%. The US average is 6.0%.
Decatur has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Decatur
- The Sales Tax Rate for Decatur is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Decatur 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 Decatur
- The average income of a Decatur resident is $22,987 a year. The US average is $28,555 a year.
- The Median household income of a Decatur resident is $46,528 a year. The US average is $69,021 a year.