Gering, NE is a small town located in the western part of Nebraska. It has a population of approximately 8,000 people and is known for its friendly atmosphere and agricultural roots. The cost of living in Gering is quite low, with 2 bedroom rent averaging $830 per month - much lower than the US average of $1,430 per month. The grocery cost index in Gering is 98 compared to 100 in the US, making it an affordable place to live as well. There are several local businesses in Gering, including Converse County Bank, Public Power District of Nebraska, and Bunyan'z Bar & Grill. With its friendly community and low cost of living, Gering is an attractive option for those looking for a small town life.
Gering has an unemployment rate of 2.9%. The US average is 6.0%.
Gering has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Gering
- The Sales Tax Rate for Gering is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gering 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 Gering
- The average income of a Gering resident is $31,124 a year. The US average is $37,638 a year.
- The Median household income of a Gering resident is $64,631 a year. The US average is $69,021 a year.