Triumph, NE is a small town located in the Midwest. It has an estimated population of around 1,000 people and is known for its rural charm. Although the cost of living is typically lower than the US average, rent prices can still be relatively expensive compared to other areas. The average 2-bedroom rent in Triumph is $840 while the US average is $1,430. Grocery costs are slightly lower than the US index at 96 versus 100.
Triumph offers many local businesses such as Mary's Cafe which serves up classic diner food, or The Clothes Closet for all your clothing needs. There are also several small shops and businesses located just outside Triumph that provide opportunities for employment and entertainment, such as Smart and Sons Auto Repair and Joe's Beer Garden & Sports Bar.
In conclusion, Triumph offers a small-town feel with an affordable cost of living and plenty of local businesses to explore. Rent may be higher than other areas but it’s still significantly cheaper than the national average making it a great place to live.
Triumph has an unemployment rate of 1.7%. The US average is 6.0%.
Triumph has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Triumph
- The Sales Tax Rate for Triumph is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Triumph 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 Triumph
- The average income of a Triumph resident is $22,001 a year. The US average is $28,555 a year.
- The Median household income of a Triumph resident is $49,250 a year. The US average is $69,021 a year.