Elm township (Gage County), NE Economy


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Elm township (Gage Cnty), NE is a great place to live! Not only is the 2 bedroom rent in the township significantly cheaper than the US average at $810 versus $1,430, but grocery costs are also lower. According to an index of 100 for US grocery costs, Elm Township’s score is 94. This means that residents pay 6% less for similar items than those living in other parts of the country. The area also features a number of local businesses that contribute to its economy, such as Gage County Federal Credit Union and Farmers State Bank. All this combined makes Elm Township (Gage Cnty), NE attractive destination with a low cost of living.

Elm township (Gage County) has an unemployment rate of 2.8%. The US average is 6.0%.

Elm township (Gage County) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Elm township (Gage County)
- The Sales Tax Rate for Elm township (Gage County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elm township (Gage 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 Elm township (Gage County)
- The average income of a Elm township (Gage County) resident is $51,074 a year. The US average is $37,638 a year.
- The Median household income of a Elm township (Gage County) resident is $69,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElm township (Gage County), NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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