Wilcox, NE is a small rural community located in the center of the state. With a population of just 1,200 people, it is known for its peaceful nature and tight-knit community. Despite being a small city, Wilcox has an excellent selection of amenities and businesses to choose from. Some popular local companies include Tim's Auto Repair, Wilcox Appliance Store, Wilcox Veterinary Hospital, and The Post Office Cafe. Rent for two bedroom homes in Wilcox is significantly lower than the national average at $820 compared to $1,430 across the US. Additionally, Wilcox has a lower Grocery Cost Index than the US average as well coming in at 93 versus 100 which makes it easier to save money on groceries when living in the area.
Wilcox has an unemployment rate of 1.8%. The US average is 6.0%.
Wilcox has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Wilcox
- The Sales Tax Rate for Wilcox is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Wilcox 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 Wilcox
- The average income of a Wilcox resident is $23,364 a year. The US average is $28,555 a year.
- The Median household income of a Wilcox resident is $68,333 a year. The US average is $69,021 a year.