Sparta, NE Economy


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United States / Nebraska / No Metro Area / Knox County / Sparta / Zip Codes
Sparta, NE is a small town in Nebraska with a population of approximately 250 people. The cost of living in Sparta is cheaper than the average US city, as evidenced by the two-bedroom rent rate of $830 compared to the national rate of $1,430 and a grocery cost index score of 92 versus 100 nationally. This makes Sparta an attractive option for those looking for an affordable place to live. Local companies include the Sparta Lumber Mill, Smith Automotive Repair, and Johnson's Bakery & Cafe.

Sparta has an unemployment rate of 2.4%. The US average is 6.0%.

Sparta has seen the job market increase by 0.7% 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 Sparta
- The Sales Tax Rate for Sparta is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sparta 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 Sparta
- The average income of a Sparta resident is $34,918 a year. The US average is $37,638 a year.
- The Median household income of a Sparta resident is $74,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySparta, NebraskaUnited States
  2.46
  0.7%-6.2%
  22.9%33.5%
  5.5%6.2%
  6.8%4.6%
  $34,918$37,638
  $74,167$69,021
Family Median Income 85028
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