Glenwood, NE is a small town located in Nebraska with a population of approximately 5,000 people. It is known for its historic downtown area and nearby recreational opportunities such as fishing, hunting, and camping. The local businesses in Glenwood include Tisdale's Groceries, Joey's Auto Repair shop, and Johnson's Hardware store. The cost of living in Glenwood is quite low compared to the rest of the country. For example, 2-bedroom rental costs are only $820 compared to the US average of $1,430. Additionally, the grocery cost index in Glenwood is 99 versus 100 in the US overall. This makes it an affordable place to live for people on a budget or those looking for a quiet rural lifestyle.
Glenwood CDP (Buffalo County) has an unemployment rate of 2.1%. The US average is 6.0%.
Glenwood CDP (Buffalo County) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Glenwood CDP (Buffalo County)
- The Sales Tax Rate for Glenwood CDP (Buffalo County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glenwood CDP (Buffalo 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 Glenwood CDP (Buffalo County)
- The average income of a Glenwood CDP (Buffalo County) resident is $50,444 a year. The US average is $37,638 a year.
- The Median household income of a Glenwood CDP (Buffalo County) resident is $103,365 a year. The US average is $69,021 a year.