Steele City, Nebraska is a small and affordable city with a population of approximately 8,000 people. The cost of living in Steele City is significantly lower than the US average, with 2 Bedroom Rent being $670 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Steele City is 91 versus 100 in the US. \nThe city boasts several local businesses that contribute to its overall vibrancy. Some of these include Nebraskaland Concrete Products Inc., Stumptown Motors and Great Plains Construction Services LLC. These companies provide employment opportunities for locals and are important contributors to the local economy.
Steele City has an unemployment rate of 2.0%. The US average is 6.0%.
Steele City has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Steele City
- The Sales Tax Rate for Steele City is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Steele City 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 Steele City
- The average income of a Steele City resident is $18,399 a year. The US average is $28,555 a year.
- The Median household income of a Steele City resident is $40,536 a year. The US average is $69,021 a year.