Lincoln, Nebraska is an exciting city to visit or live in. With a population of over 300,000 members, it is one of the most populous cities in the Midwest region. Lincoln offers much to residents including competitive job opportunities and a wide range of activities. Major companies located in Lincoln are Tenaska, Union Pacific Railroad, Gallup Organization and West Corporation. The cost of living in Lincoln is quite reasonable with two bedroom rents standing at $1,020 compared to the US average of $1,430 and grocery costs index being 97 versus 100 in the US. Therefore if you're looking for a vibrant city that offers employment opportunities as well as affordability then Lincoln is your ideal destination!
Lincoln has an unemployment rate of 2.9%. The US average is 6.0%.
Lincoln has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln
- The Sales Tax Rate for Lincoln is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln
- The average income of a Lincoln resident is $26,574 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln resident is $62,566 a year. The US average is $69,021 a year.