Palmer, NE Economy


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Palmer, NE is a small town located in the heart of the state. Its population is not known, but it has a beautiful landscape and plenty of activities to enjoy. It's two-bedroom rent is $840, which is much cheaper than the national average of $1,430. Grocery costs are also lower in Palmer compared to the rest of the US; its Grocery Cost Index is 95 versus 100 in the US. There are many local businesses that make Palmer special such as The Grill House for great dining and entertainment and JJ's Market for all your grocery needs. Also, there are several parks nearby for outdoor recreation, such as Warford Park and JW Park. Palmer truly has something for everyone!

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

Palmer has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Palmer
- The Sales Tax Rate for Palmer is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Palmer 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 Palmer
- The average income of a Palmer resident is $29,283 a year. The US average is $37,638 a year.
- The Median household income of a Palmer resident is $56,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmer, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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