Valparaiso, NE Economy


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Valparaiso, NE is a small city located near Omaha in Nebraska. It is a great place to live due to its low costs of living and its close proximity to the city of Omaha. The 2 bedroom rent in Valparaiso, NE is $940 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Valparaiso is 99 compared to 100 nationally. This means groceries are slightly less expensive than average. There are many local businesses in Valparaiso such as Shoppes at Fairfield Mall, Rose & Roth Dairy, and Valley Custom Ironworks. These businesses make Valparaiso an attractive place to live for people looking for an affordable area with plenty of job opportunities.

Valparaiso has an unemployment rate of 2.6%. The US average is 6.0%.

Valparaiso 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 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Valparaiso
- The Sales Tax Rate for Valparaiso is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Valparaiso 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 Valparaiso
- The average income of a Valparaiso resident is $25,984 a year. The US average is $28,555 a year.
- The Median household income of a Valparaiso resident is $70,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValparaiso, NebraskaUnited States
  2.66
  -2.1%-6.2%
  29.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $46,250$37,638
  $70,625$69,021
  $89,000$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  10.8%6.8%
  12.2%10.0%
  4.7%2.5%
  12.5%11.0%
  8.1%4.8%
  0.0%0.8%
  1.4%1.9%
  5.7%4.7%
  1.4%1.9%
  2.7%7.6%
  0.0%0.1%
  2.4%4.2%
  9.1%9.3%
  14.5%14.0%
  3.4%2.1%
  0.7%7.0%
  1.7%4.8%
  6.8%4.7%
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