North Bend, NE Economy


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North Bend, NE is a small town located in the Midwest United States. The median rent for a two-bedroom apartment in North Bend is $950, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in North Bend is 95 compared to 100 nationally, indicating that groceries are relatively cheaper here. Living in North Bend is fairly affordable overall.
Local companies in North Bend include banks such as First State Bank & Trust Co., stores such as Valu-Mart Grocery Store, and businesses such as Beavers Construction. Many of these companies provide jobs for locals and contribute to the local economy.
In comparison to other parts of the US, North Bend has a lower cost of living due to its low rent prices and grocery costs when compared to national averages. This makes it an attractive option for those looking for an affordable place to live.

North Bend has an unemployment rate of 2.5%. The US average is 6.0%.

North Bend has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for North Bend
- The Sales Tax Rate for North Bend is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Bend 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 North Bend
- The average income of a North Bend resident is $21,475 a year. The US average is $28,555 a year.
- The Median household income of a North Bend resident is $76,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Bend, NebraskaUnited States
  2.56
  1.3%-6.2%
  31.1%33.5%
  7.0%6.2%
  6.8%4.6%
  $30,675$37,638
  $76,458$69,021
  $79,423$85,028
  Population by Occupation
  2.3%1.2%
  1.3%0.5%
  4.7%6.8%
  13.7%10.0%
  3.5%2.5%
  16.1%11.0%
  6.0%4.8%
  0.0%0.8%
  1.6%1.9%
  4.6%4.7%
  1.2%1.9%
  2.9%7.6%
  0.0%0.1%
  0.4%4.2%
  16.0%9.3%
  13.4%14.0%
  1.6%2.1%
  2.6%7.0%
  2.9%4.8%
  5.3%4.7%
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