Foster, NE Economy


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Foster, NE is a small rural town located in the Midwest region of the United States. Despite its low population size, Foster offers a wide variety of services and activities for both residents and visitors alike. Although rent prices are significantly lower than the US average at $810/month for a two-bedroom apartment, grocery costs are slightly higher with an index score of 94. Residents of Foster have access to local businesses such as Country Market Grocery & Deli, Hart’s Bar & Grill, and Mustang Lanes Bowling Alley. The area also has many attractions that draw tourists from all over including Oglala National Park, Frye-Mueller State Park, and Chief Standing Bear Monument.

Foster has an unemployment rate of 3.1%. The US average is 6.0%.

Foster has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Foster
- The Sales Tax Rate for Foster is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Foster 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 Foster
- The average income of a Foster resident is $22,921 a year. The US average is $37,638 a year.
- The Median household income of a Foster resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoster, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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