Snyder, NE Economy


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Snyder, NE is a small town located in Nebraska that offers a relaxed lifestyle with plenty of local amenities. The average two-bedroom rent is $960, which is much cheaper than the national average of $1,430. Grocery cost index in Snyder is 92 versus 100 in the US, making it a more affordable option for day-to-day living. Local businesses include Cheyenne's True Value Hardware Store, Snyder Ace Hardware & Appliance Store and Dolce Vita Bakery & Café. All these establishments provide quality services and products at competitive prices to the people of Snyder. Overall, with its low costs of living and thriving local businesses, Snyder provides an attractive alternative for those looking to relocate or visit the area.

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

Snyder has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Snyder
- The Sales Tax Rate for Snyder is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Snyder 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 Snyder
- The average income of a Snyder resident is $23,157 a year. The US average is $28,555 a year.
- The Median household income of a Snyder resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySnyder, NebraskaUnited States
  2.56
  1.3%-6.2%
  31.1%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,194$37,638
  $65,000$69,021
  $68,333$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  1.8%6.8%
  35.7%10.0%
  3.6%2.5%
  13.1%11.0%
  1.8%4.8%
  1.8%0.8%
  0.0%1.9%
  0.0%4.7%
  0.6%1.9%
  1.2%7.6%
  0.0%0.1%
  1.8%4.2%
  3.0%9.3%
  21.4%14.0%
  1.2%2.1%
  3.6%7.0%
  2.4%4.8%
  4.8%4.7%
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