Olive, NE is a small town located in the Midwest region of the United States. It offers a low cost of living for residents, with the average two bedroom apartment rent being $850 compared to $1,430 in the US as a whole. The Grocery Cost Index also gives Olive an advantage over other towns, with an index of 95 versus 100 in the US.
Some local companies that are making an impact in Olive are A & B Plumbing Solutions, which specializes in plumbing services and repairs; Anderson's Auto Body, a full service auto body shop offering repair and painting services; and Bob's BBQ Restaurant, serving up delicious barbeque dishes. All of these businesses contribute to the thriving economy of Olive, NE.
Olive has an unemployment rate of 2.6%. The US average is 6.0%.
Olive has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.
Tax Rates for Olive
- The Sales Tax Rate for Olive is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Olive 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 Olive
- The average income of a Olive resident is $30,113 a year. The US average is $28,555 a year.
- The Median household income of a Olive resident is $128,000 a year. The US average is $69,021 a year.