South Cedar, NE Economy


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South Cedar, NE is a small town in the Midwest with a population of just under 10,000 people. It is known for its affordable cost of living and locally-owned businesses. Rent for two-bedroom apartments is approximately $1,000 per month which is an incredible bargain compared to the rest of the country where similar units go for around $1,430. Grocery costs are also cheaper than average with an index rating of 97 vs 100 nationally.
Local businesses such as Cedar Valley Auto Repair and Clark's Antiques are popular destinations for residents and visitors alike. Tourists can enjoy attractions like The Izaak Walton League Nature Center which offers hiking trails and outdoor educational activities for all ages or take in a show at South Cedar Cinema. There's something for everyone in South Cedar, NE!

South Cedar has an unemployment rate of 2.6%. The US average is 6.0%.

South Cedar has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for South Cedar
- The Sales Tax Rate for South Cedar is 5.5%. The US average is 7.3%.
- The Income Tax Rate for South Cedar 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 South Cedar
- The average income of a South Cedar resident is $18,592 a year. The US average is $28,555 a year.
- The Median household income of a South Cedar resident is $65,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Cedar, NebraskaUnited States
  2.66
  -2.1%-6.2%
  29.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $28,413$37,638
  $65,208$69,021
  $87,000$85,028
  Population by Occupation
  40.5%1.2%
  0.0%0.5%
  13.8%6.8%
  7.8%10.0%
  0.0%2.5%
  1.7%11.0%
  2.6%4.8%
  6.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  1.7%9.3%
  14.7%14.0%
  0.0%2.1%
  1.7%7.0%
  5.2%4.8%
  4.3%4.7%
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