Talmage, NE is a small rural community located in the eastern part of the state. The local economy is largely agricultural and the cost of living is relatively low compared to other parts of the country. Rent for a two-bedroom apartment averages $800 per month, which is substantially lower than the national average of $1,430. Additionally, grocery costs are 3% below the national average index score of 100. Local businesses include a variety of farm-related services as well as some restaurants and general stores. Talmage also has several tourist attractions such as Ashfall Fossil Beds State Historical Park, Wildcat Hills State Recreation Area, and Historic Fort Kearny State Historical Park, making it an ideal destination for anyone looking to explore Nebraska’s outdoors and history.
Talmage has an unemployment rate of 2.5%. The US average is 6.0%.
Talmage has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Talmage
- The Sales Tax Rate for Talmage is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Talmage 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 Talmage
- The average income of a Talmage resident is $21,047 a year. The US average is $28,555 a year.
- The Median household income of a Talmage resident is $46,607 a year. The US average is $69,021 a year.