Spade, NE is a small town in the Midwest located in Nebraska. The 2 bedroom rent rate is much more affordable than the US average, coming in at $820 compared to the US rate of $1,430. This makes Spade an attractive destination for individuals or couples looking for a more budget-friendly living situation. Additionally, grocery costs are also lower than the national average with an index of 94 compared to 100. This makes it easier for locals to save money on essential items like food. There are several local businesses that operate in Spade such as M&L Meats, Nebraska City Bakery & Deli, and Spade Pawn Shop. All three businesses have been running successfully for many years and are well-known within their community. Though rent and groceries may be cheaper in Spade than other parts of the country, there are still similarities between them and other cities; they all offer access to basic services, employment opportunities for residents, and various recreational activities for people to enjoy.
Spade has an unemployment rate of 2.4%. The US average is 6.0%.
Spade 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 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Spade
- The Sales Tax Rate for Spade is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Spade 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 Spade
- The average income of a Spade resident is $21,260 a year. The US average is $28,555 a year.
- The Median household income of a Spade resident is $65,625 a year. The US average is $69,021 a year.