Stella, NE is a small town located in the Midwestern part of the United States. It is known for its friendly people and rural landscape. The cost of living in Stella, NE is significantly lower than the national average due to its low rent costs and grocery cost index. For example, a 2 bedroom apartment rents for $830 compared to $1,430 nationally. Similarly, the grocery cost index in Stella is 92 versus 100 in the US. This makes it an attractive place to live for those looking for a lower cost of living while still having access to quality services.
The town has many local businesses that contribute to its economy such as Stella Market, Pashaw’s Grocery Store, and Stott Hardware & Supply. All these businesses provide essential goods and services to residents at competitive prices. Together they create an important part of the community's infrastructure by providing goods and services that otherwise may not be accessible outside larger cities.
Stella has an unemployment rate of 2.6%. The US average is 6.0%.
Stella has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Stella
- The Sales Tax Rate for Stella is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Stella 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 Stella
- The average income of a Stella resident is $39,205 a year. The US average is $28,555 a year.
- The Median household income of a Stella resident is $29,464 a year. The US average is $69,021 a year.