Hill, NE Economy


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United States / Nebraska / No Metro Area / Knox County / Hill / Zip Codes
Hill, NE is a small town located in central Nebraska with an affordable cost of living. The average rent for a two bedroom apartment in Hill, NE is $810 per month, while the US average is $1,430. Furthermore, the Grocery Cost Index in Hill, NE is 92 compared to 100 in the US.
Hill, NE is home to a wide variety of businesses and attractions that contribute to the local economy and community. Local companies include Zizin's Automotive Repair shop, The Hot Spot Cafe & Bakery, and Mayhew's Hardware & Home Improvement Store. Popular attractions include the Hill Memorial Park, Hill Country Club golf course, and the annual Hill Festival held at City Park each May. These businesses and attractions make Hill, NE an enjoyable place to live.

Hill has an unemployment rate of 2.4%. The US average is 6.0%.

Hill has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Hill
- The Sales Tax Rate for Hill is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hill 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 Hill
- The average income of a Hill resident is $11,611 a year. The US average is $28,555 a year.
- The Median household income of a Hill resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHill, NebraskaUnited States
  2.46
  0.7%-6.2%
  22.9%33.5%
  6.5%6.2%
  6.8%4.6%
  $16,746$37,638
  $42,500$69,021
  $43,125$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  2.2%6.8%
  4.4%10.0%
  0.4%2.5%
  7.5%11.0%
  0.9%4.8%
  1.8%0.8%
  0.0%1.9%
  0.0%4.7%
  3.9%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  9.2%9.3%
  28.9%14.0%
  7.5%2.1%
  5.7%7.0%
  0.4%4.8%
  20.6%4.7%
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