Elk Creek in Nebraska is a small town with an estimated population of only 763 people. Despite its size, the town offers competitive prices when it comes to rent. The average two bedroom rent in Elk Creek is $850 compared to the national average of $1,430. Grocery costs are also comparatively low with a grocery cost index of 100, which matches the national index of 100.
The community has many local businesses including Elk Creek Market and Hardware Store for groceries, Blue River Sporting Goods for outdoor gear, and the Hometown Pizza House for delicious pizza. Residents can also count on the professional accounting services from Debbie’s Bookkeeping or repair their cars at Jim’s Auto Repair shop. Elk Creek is a great place to live with plenty of local amenities to choose from.
Elk Creek has an unemployment rate of 3.5%. The US average is 6.0%.
Elk Creek 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 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Elk Creek
- The Sales Tax Rate for Elk Creek is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elk Creek 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 Elk Creek
- The average income of a Elk Creek resident is $24,685 a year. The US average is $37,638 a year.
- The Median household income of a Elk Creek resident is $48,542 a year. The US average is $69,021 a year.