Meadow Grove, NE Economy


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Meadow Grove, NE is a small town located in the Midwest United States. It is home to many local businesses such as Meadow Valley Farms, Meadow Creek Floral, and Valley View Hardware. The cost of living here is affordable compared to other parts of the country; rent for a two bedroom apartment in Meadow Grove is $900 versus $1,430 nationally while the Grocery Cost Index is 97 versus 100 nationally. This makes it an ideal location for those looking to live a comfortable life without breaking the bank.

Meadow Grove has an unemployment rate of 3.2%. The US average is 6.0%.

Meadow Grove has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Meadow Grove
- The Sales Tax Rate for Meadow Grove is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Meadow Grove 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 Meadow Grove
- The average income of a Meadow Grove resident is $18,888 a year. The US average is $28,555 a year.
- The Median household income of a Meadow Grove resident is $40,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeadow Grove, NebraskaUnited States
  3.26
  -2.4%-6.2%
  27.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,056$37,638
  $40,000$69,021
  $59,688$85,028
  Population by Occupation
  5.1%1.2%
  0.0%0.5%
  8.8%6.8%
  9.5%10.0%
  3.7%2.5%
  22.6%11.0%
  0.7%4.8%
  2.2%0.8%
  1.5%1.9%
  1.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.9%4.2%
  2.9%9.3%
  24.8%14.0%
  0.7%2.1%
  3.7%7.0%
  3.7%4.8%
  5.8%4.7%
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