Sholes, NE Economy


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United States / Nebraska / No Metro Area / Wayne County / Sholes / Zip Codes
Sholes, NE is a small town located in the Midwestern US. It is known for its friendly community and its excellent schools. The cost of living in Sholes is very reasonable, with two bedroom rent around $820 per month and a Grocery Cost Index (GCI) that stands at 94 compared to the national average of 100. This makes it an ideal place for those looking to save money while still enjoying a high quality of life. The town is home to several businesses such as Sholes Bank, Sholes Family Market, and Sholes Construction Company. With its low cost of living and abundance of local businesses, Sholes is an attractive destination for newcomers looking for a new home.

Sholes has an unemployment rate of 2.0%. The US average is 6.0%.

Sholes has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Sholes
- The Sales Tax Rate for Sholes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sholes 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 Sholes
- The average income of a Sholes resident is $22,180 a year. The US average is $37,638 a year.
- The Median household income of a Sholes resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySholes, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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