Moorefield, NE is a small town located in Nebraska with a population of approximately 1,500 people. The cost of living in Moorefield is quite affordable compared to the US as an average 2 bedroom rent costs $840 versus $1,430 2 bedroom rent in the US. Grocery Cost Index in Moorefield is 94 versus 100 in the US showing that groceries here are cheaper than most places. Locally there are a number of businesses such as Moorefield Motors, Ferrell's Farm and Feed Supply, and Countryside Veterinary Clinic provide services to the community at good rates. All these factors make Moorefield a great place to live for those who want quality life at an affordable price.
Moorefield has an unemployment rate of 1.9%. The US average is 6.0%.
Moorefield has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Moorefield
- The Sales Tax Rate for Moorefield is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Moorefield 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 Moorefield
- The average income of a Moorefield resident is $18,162 a year. The US average is $37,638 a year.
- The Median household income of a Moorefield resident is $27,344 a year. The US average is $69,021 a year.