Lyman, NE Economy


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Lyman, NE is a small town with a population of around 700 people. It offers affordable living with average 2 Bedroom rent of only $870 compared to the national rate of $1,430. Grocery cost index is also comparatively low with 96 versus 100 in the US. A major industry in Lyman, NE is farming and agriculture due to its rich soil and climate. There are several local businesses that operate in Lyman including an auto repair shop, a gas station, and an agricultural supply store.

Lyman has an unemployment rate of 2.9%. The US average is 6.0%.

Lyman has seen the job market increase by 0.5% 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 Lyman
- The Sales Tax Rate for Lyman is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lyman 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 Lyman
- The average income of a Lyman resident is $18,917 a year. The US average is $28,555 a year.
- The Median household income of a Lyman resident is $48,712 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyman, NebraskaUnited States
  2.96
  -1.5%-6.2%
  22.8%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,426$37,638
  $48,712$69,021
  $61,000$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  9.0%6.8%
  2.8%10.0%
  0.0%2.5%
  10.2%11.0%
  16.9%4.8%
  10.2%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  1.1%9.3%
  15.8%14.0%
  2.8%2.1%
  18.1%7.0%
  4.5%4.8%
  5.1%4.7%
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