Phelps County, NE Economy


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United States / Nebraska / No Metro Area / Phelps County / Cities / Zip Codes
Phelps, NE County is a great place to call home. It offers an affordable cost of living with the typical 2 bedroom rent being only $830 compared to the US average of $1,430. The grocery cost index is also relatively low at 95 versus 100 in the US. There are many local companies and amenities in Phelps, NE County such as the Abbey Inn & Suites, The Tasty Table Restaurant, and Joyce's Convenience Store. For those looking for outdoor activities, there are numerous parks and trails around the area which make it a great place for people of all ages.

Phelps County has an unemployment rate of 1.9%. The US average is 6.0%.

Phelps County has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Phelps County
- The Sales Tax Rate for Phelps County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Phelps 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 Phelps County
- The average income of a Phelps County resident is $33,052 a year. The US average is $37,638 a year.
- The Median household income of a Phelps County resident is $61,606 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhelps, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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