Cherry County, NE Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Nebraska / No Metro Area / Cherry County / Cities / Zip Codes
Cherry, NE County is an ideal location for those looking for a great place to call home. It boasts a low cost of living that includes affordable rental rates. The average two-bedroom rent in the county is $830 per month, which is much lower than the national average of $1,430. Groceries are also relatively inexpensive with a grocery cost index of 96 versus the US index of 100. In addition to its affordability, Cherry NE County also has plenty to offer in terms of entertainment and business opportunity. There are many well-known companies located in this region such as Walmart, Target, Home Depot, and Publix Supermarket. Other local attractions include the Cherry Farmers Market, Cherry Creek State Park and Cherry Community Theatre. With so much to offer at an affordable price point, it's no wonder why Cherry NE County is becoming an increasingly popular destination for people looking for a new home or a place to call their own.

Cherry County has an unemployment rate of 1.6%. The US average is 6.0%.

Cherry County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Cherry County
- The Sales Tax Rate for Cherry County is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Cherry County 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 Cherry County
- The average income of a Cherry County resident is $24,942 a year. The US average is $28,555 a year.
- The Median household income of a Cherry County resident is $57,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherry, NebraskaUnited States
  1.66
  -1.5%-6.2%
  21.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $29,130$37,638
  $57,719$69,021
  $65,682$85,028
  Population by Occupation
  16.7%1.2%
  0.0%0.5%
  7.4%6.8%
  3.7%10.0%
  1.6%2.5%
  13.3%11.0%
  3.1%4.8%
  0.1%0.8%
  0.6%1.9%
  3.3%4.7%
  1.4%1.9%
  3.4%7.6%
  0.0%0.1%
  3.7%4.2%
  9.0%9.3%
  11.9%14.0%
  3.7%2.1%
  6.6%7.0%
  3.4%4.8%
  7.1%4.7%
Health