Swanton, Nebraska is a small rural town located in the Northeast corner of the state. With an estimated population of only 892 people, it is one of the smallest towns in Nebraska. Despite its size, Swanton offers its residents many amenities such as affordable housing and low grocery costs. The average two bedroom rent in Swanton is only $800 compared to the national average of $1,430 making it an ideal location for those looking for a cost-effective place to stay. Grocery costs are also more affordable with an index of 92 versus the national average of 100. There are several local businesses located within Swanton such as ABC Automotive, Dragonfly Computers, and Global Gym that help make living in this small town enjoyable and convenient. In conclusion, Swanton provides its residents with great amenities at a lower cost than most other places making it a great option for individuals looking for affordability without sacrificing quality or convenience.
Swanton has an unemployment rate of 2.9%. The US average is 6.0%.
Swanton 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 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Swanton
- The Sales Tax Rate for Swanton is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Swanton 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 Swanton
- The average income of a Swanton resident is $22,138 a year. The US average is $28,555 a year.
- The Median household income of a Swanton resident is $63,750 a year. The US average is $69,021 a year.