Sprague, NE Economy


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Sprague, NE is a small town located in central Nebraska. The population is small but the cost of living is very affordable, with two bedroom rent costing $980 and a grocery cost index of 95 versus 100 in the US. Some local companies that can be found in Sprague are Millard Lumber Company, Sprague Elevator Co., and Woll Family Farms. For those looking to explore the area, some popular attractions include Ponca State Park, Fort Atkinson State Historical Park, and Niobrara National Scenic River.

Sprague has an unemployment rate of 2.9%. The US average is 6.0%.

Sprague has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Sprague
- The Sales Tax Rate for Sprague is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sprague 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 Sprague
- The average income of a Sprague resident is $29,320 a year. The US average is $28,555 a year.
- The Median household income of a Sprague resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySprague, NebraskaUnited States
  2.96
  -2.2%-6.2%
  31.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $31,755$37,638
  $46,875$69,021
  $78,750$85,028
  Population by Occupation
  8.0%1.2%
  0.0%0.5%
  4.0%6.8%
  18.0%10.0%
  4.0%2.5%
  0.0%11.0%
  4.0%4.8%
  0.0%0.8%
  6.0%1.9%
  2.0%4.7%
  0.0%1.9%
  12.0%7.6%
  0.0%0.1%
  0.0%4.2%
  18.0%9.3%
  6.0%14.0%
  0.0%2.1%
  4.0%7.0%
  8.0%4.8%
  6.0%4.7%
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