Peoria, NE is a small town with a population of just over 1,500 people. It is located in the southeastern part of Nebraska, approximately 40 miles east of Lincoln. Due to its small size, the cost of living in Peoria is much lower than that of other cities across the United States. For example, 2 bedroom rent in Peoria costs $820 on average compared to $1,430 in the US. Similarly, grocery cost index is 93 versus 100 for the US. Despite its small size and lower cost of living, Peoria offers plenty of opportunities for employment and recreation. Popular local companies include Mutual Trading Company Inc., Mid America Feed Yard LLC., and Doralee Farms LLC. Residents also enjoy visits to local attractions such as Union Pacific Railroad Museum and Homestead National Monument. Living in Peoria provides residents with a comfortable lifestyle at an affordable price making it an attractive destination for those looking for a quiet place to call home.
Peoria has an unemployment rate of 2.4%. The US average is 6.0%.
Peoria has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Peoria
- The Sales Tax Rate for Peoria is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Peoria 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 Peoria
- The average income of a Peoria resident is $30,127 a year. The US average is $28,555 a year.
- The Median household income of a Peoria resident is $84,250 a year. The US average is $69,021 a year.