Harvard, NE is a small city located in the Midwestern United States. It has a population of around 600 people and is known for its charming old-fashioned atmosphere. The average rent for a 2 bedroom apartment in Harvard is $760, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Harvard is 93 compared to 100 in the US. This means that groceries are cheaper than average in Harvard.
Harvard is home to many local businesses including Stone's Trading Post, J&P Bakery, and Bowman's Diner. Stone’s Trading Post offers a variety of items including hardware supplies and gardening tools. J&P Bakery provides delicious pastries and cakes baked daily while Bowman’s Diner serves up classic American diner fare with a friendly staff.
Overall, Harvard offers an affordable cost of living thanks to its low rent prices and grocery costs index relative to other places in the US. Residents can enjoy an old-fashioned atmosphere with plenty of locally owned businesses to explore as well.
Harvard has an unemployment rate of 2.6%. The US average is 6.0%.
Harvard has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Harvard
- The Sales Tax Rate for Harvard is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Harvard 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 Harvard
- The average income of a Harvard resident is $20,164 a year. The US average is $28,555 a year.
- The Median household income of a Harvard resident is $63,750 a year. The US average is $69,021 a year.