McPherson County, NE Economy


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McPherson, NE County is an ideal place to live for those looking for affordability and convenience. Average rent for a two bedroom apartment in McPherson is $840 which is much lower than the US average of $1,430. The county also has a grocery cost index of 95 compared to the US standard of 100. Therefore, living in McPherson can provide a lot of savings. Despite the low costs of living, there are many local companies and industries that keep the county thriving. Major employers include Ag Processing Inc., Nebraska Public Power District, and Trinity Health Systems. Other industries such as farming and ranching have long been vital sources of employment for generations in this rural community.

McPherson County has an unemployment rate of 1.4%. The US average is 6.0%.

McPherson County has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.

Tax Rates for McPherson County
- The Sales Tax Rate for McPherson County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for McPherson 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 McPherson County
- The average income of a McPherson County resident is $25,760 a year. The US average is $28,555 a year.
- The Median household income of a McPherson County resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcPherson, NebraskaUnited States
  1.46
  -1.2%-6.2%
  17.4%33.5%
  5.5%6.2%
  6.8%4.6%
  $30,914$37,638
  $53,750$69,021
  $57,500$85,028
  Population by Occupation
  27.4%1.2%
  0.0%0.5%
  2.7%6.8%
  0.0%10.0%
  3.5%2.5%
  2.3%11.0%
  15.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.7%9.3%
  3.1%14.0%
  2.7%2.1%
  12.4%7.0%
  7.3%4.8%
  3.9%4.7%
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