Valley, NE is a small town located in the Midwest region of the United States. The town has a population of approximately 7,000 people and is known for its friendly small-town feel. In terms of costs, rent for a two-bedroom apartment in Valley is reasonably priced at $990 per month compared to the national average of $1,430. Similarly, it offers an affordable grocery cost index with 97 being the lowest compared to the country’s 100 benchmark index. Several local businesses operate within Valley such as Olson Electric Company, Yost’s True Value Hardware Store, and Joe’s Pizza & Subs. With its picturesque scenery and low cost of living, Valley is an excellent location for those looking to enjoy life away from large cities.
Valley has an unemployment rate of 3.3%. The US average is 6.0%.
Valley has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Valley
- The Sales Tax Rate for Valley is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Valley 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 Valley
- The average income of a Valley resident is $26,823 a year. The US average is $28,555 a year.
- The Median household income of a Valley resident is $66,923 a year. The US average is $69,021 a year.