Farnam, NE is a quaint town located on the outskirts of Omaha. With an affordable cost of living, it is an attractive option for many looking to move away from the hustle and bustle of city life. 2 Bedroom apartments in Farnam are about $880 per month - less than half of the national average. Additionally, groceries are cheaper as well with the local grocery cost index being 92 versus 100 in the US. Local companies in Farnam include P&V Farms Inc., DNAK Trucking LLC, and DHW Company Inc. There are also many great restaurants such as The Pizza Place, La Quebrada Mexican Restaurant & Bar, and Just Eat Grill & Chill. Popular attractions nearby include Omaha National Wildlife Refuge, Camp Creek State Park, and Quivira National Wildlife Refuge.
Farnam has an unemployment rate of 2.3%. The US average is 6.0%.
Farnam has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Farnam
- The Sales Tax Rate for Farnam is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Farnam 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 Farnam
- The average income of a Farnam resident is $25,804 a year. The US average is $37,638 a year.
- The Median household income of a Farnam resident is $47,083 a year. The US average is $69,021 a year.