Odell, NE Economy


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Odell, NE is a small town located in eastern Nebraska. Though it has a small population, Odell offers plenty of local businesses, including Odell State Bank, Woodward Furniture & Flooring, and Prairie Pines Golf Course. Rent for a 2 bedroom apartment in Odell is significantly lower than the US average of $1,430 at only $810. Additionally, the Grocery Cost Index in Odell is 94 versus 100 in the US, making groceries much more affordable for those living in this area.

Odell has an unemployment rate of 2.8%. The US average is 6.0%.

Odell has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Odell
- The Sales Tax Rate for Odell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Odell 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 Odell
- The average income of a Odell resident is $20,702 a year. The US average is $28,555 a year.
- The Median household income of a Odell resident is $51,538 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOdell, NebraskaUnited States
  2.86
  -2.2%-6.2%
  23.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,431$37,638
  $51,538$69,021
  $65,625$85,028
  Population by Occupation
  7.0%1.2%
  0.0%0.5%
  10.6%6.8%
  19.7%10.0%
  2.1%2.5%
  16.9%11.0%
  6.3%4.8%
  0.0%0.8%
  1.4%1.9%
  4.2%4.7%
  0.0%1.9%
  0.7%7.6%
  0.7%0.1%
  2.1%4.2%
  14.8%9.3%
  10.6%14.0%
  0.0%2.1%
  0.0%7.0%
  2.8%4.8%
  0.0%4.7%
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