Newcastle, NE is a great place to live with plenty of attractions and amenities to keep its residents busy. The average 2 bedroom rent in Newcastle is $950 per month, making it more affordable than the national US average (which is $1,430). Additionally, the grocery cost index in Newcastle is 93 versus 100 in the US, meaning that groceries are cheaper in this area. For those looking for jobs, top local companies include Tyson Foods, Walmart Distribution Center and Ozarks Electric Company. Newcastle also boasts many local parks and recreational activities, making it an attractive option for potential renters looking for an affordable and vibrant place to call home.
Newcastle has an unemployment rate of 2.7%. The US average is 6.0%.
Newcastle 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Newcastle
- The Sales Tax Rate for Newcastle is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Newcastle 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 Newcastle
- The average income of a Newcastle resident is $24,705 a year. The US average is $28,555 a year.
- The Median household income of a Newcastle resident is $65,714 a year. The US average is $69,021 a year.