Red Cloud, NE is a small but vibrant city in the heart of Nebraska. It is known for its low cost of living, with an average two bedroom rent of $740 compared to the national average of $1,430. Similarly, there is a grocery cost index in Red Cloud of 91 versus the US average of 100, making it an ideal location for those looking to save money on their weekly shop. There are also many local businesses and amenities including Walmart Supercenter and First National Bank of Omaha. For entertainment there are several parks such as Webster Park and John C Arnold Park which both feature beautiful scenery and wildlife. Red Cloud truly has something for everyone!
Red Cloud has an unemployment rate of 2.0%. The US average is 6.0%.
Red Cloud 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 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Red Cloud
- The Sales Tax Rate for Red Cloud is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Red Cloud 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 Red Cloud
- The average income of a Red Cloud resident is $19,107 a year. The US average is $28,555 a year.
- The Median household income of a Red Cloud resident is $50,000 a year. The US average is $69,021 a year.