Lynch, Nebraska is a small town located in rural Bartley Township. The population is estimated to be around 1,000 people. Despite it's size, Lynch is home to several local businesses and services such as the Lynch Grocery Store, Lynch Pharmacy and Country Crossroads Restaurant. In terms of cost of living, Lynch has some very affordable options for renters with 2 bedroom apartments coming in at $740 per month compared to the US average of $1,430. Additionally, groceries in Lynch can be bought for much less than other parts of the country as evidenced by the Grocery Cost Index which stands at 92 versus 100 in the US. All these factors make Lynch an attractive place to live for those looking for an affordable yet enjoyable lifestyle.
Lynch has an unemployment rate of 2.1%. The US average is 6.0%.
Lynch has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Lynch
- The Sales Tax Rate for Lynch is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Lynch 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 Lynch
- The average income of a Lynch resident is $25,389 a year. The US average is $28,555 a year.
- The Median household income of a Lynch resident is $39,375 a year. The US average is $69,021 a year.