Sterling, NE is a small town located in the state of Nebraska. The town is home to many local businesses including the Sterling Market, Farm’n'Home Hardware Store, and Sterling Bank. Rent for a two bedroom apartment in Sterling is much more affordable than the US average at $820 compared to $1,430. Grocery costs are also below average with an index of 94 versus 100 in the US. This makes Sterling an attractive option for people looking for a lower cost of living without sacrificing quality services.
Sterling has an unemployment rate of 3.5%. The US average is 6.0%.
Sterling has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Sterling
- The Sales Tax Rate for Sterling is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling
- The average income of a Sterling resident is $26,539 a year. The US average is $37,638 a year.
- The Median household income of a Sterling resident is $61,944 a year. The US average is $69,021 a year.