Seneca, Nebraska is a small town located in Nuckolls County, just off of Highway 8. It is an agricultural community known for its strong sense of community and excellent school district. The population of Seneca is estimated at around 700 people. While the city itself may be small, there are many local businesses that contribute to a vibrant economy. These include Larson's Towing Service, Anderson Plumbing & Heating, Groth's Feed & Grain Store, and Plaza Café.
The cost of living in Seneca is relatively low compared to national averages. The median rent for a two-bedroom apartment is $840 versus the US median of $1,430. Additionally, the grocery cost index in Seneca is 90 whereas nationally it is 100. Living in Seneca can provide residents with great job opportunities while also providing financial benefits such as lower housing costs and food prices.
Seneca has an unemployment rate of 2.9%. The US average is 6.0%.
Seneca has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Seneca
- The Sales Tax Rate for Seneca is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Seneca 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 Seneca
- The average income of a Seneca resident is $14,217 a year. The US average is $28,555 a year.
- The Median household income of a Seneca resident is $28,750 a year. The US average is $69,021 a year.