Monroe, NE Economy


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Monroe, NE is located in northeast Nebraska and offers a variety of amenities for its residents. The average 2 bedroom rent is $880 which is much lower than the US average of $1,430 making it an affordable place to live. Grocery costs are also lower than average with an index of 94 compared to 100 in the US. Monroe has several local companies operating in different sectors such as health services, food production, retail and construction. The town also boasts a number of local restaurants, parks, stores and other attractions that make it a great place to live and work.

Monroe has an unemployment rate of 2.2%. The US average is 6.0%.

Monroe has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Monroe
- The Sales Tax Rate for Monroe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe 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 Monroe
- The average income of a Monroe resident is $21,891 a year. The US average is $28,555 a year.
- The Median household income of a Monroe resident is $64,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonroe, NebraskaUnited States
  2.26
  -0.9%-6.2%
  27.8%33.5%
  5.5%6.2%
  6.8%4.6%
  $30,596$37,638
  $64,875$69,021
  $75,278$85,028
  Population by Occupation
  3.8%1.2%
  9.4%0.5%
  4.4%6.8%
  19.4%10.0%
  4.4%2.5%
  13.8%11.0%
  2.5%4.8%
  6.3%0.8%
  3.1%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.6%4.2%
  3.8%9.3%
  16.9%14.0%
  0.6%2.1%
  4.4%7.0%
  3.1%4.8%
  3.8%4.7%
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