Nenzel, NE Economy


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United States / Nebraska / No Metro Area / Cherry County / Nenzel / Zip Codes
Nenzel, Nebraska is a small rural town located in Cherry County. It is home to a few local businesses such as Schmidt's Supermarket and Nenzel Cafe. Rent for two-bedroom apartments in Nenzel is significantly lower than the national average – just $950 per month compared to the US average of $1,430. This small town also has cheaper grocery costs, with an index value of 96 compared to 100 for the US overall. Nenzel offers residents a peaceful country lifestyle away from bigger cities while still being close enough to access other towns and amenities nearby.

Nenzel has an unemployment rate of 1.6%. The US average is 6.0%.

Nenzel has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Nenzel
- The Sales Tax Rate for Nenzel is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Nenzel 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 Nenzel
- The average income of a Nenzel resident is $18,559 a year. The US average is $37,638 a year.
- The Median household income of a Nenzel resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNenzel, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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