Sherman County, NE Economy


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United States / Nebraska / No Metro Area / Sherman County / Cities / Zip Codes
Sherman, NE County is a great place to live with its low cost of living and thriving local businesses. The average two-bedroom rent in the county is $830 compared to the US average of $1,430 which makes it an affordable place to live. Additionally, the grocery cost index is 94 versus 100 in the US which means groceries are even more affordable. Some local companies include Cargill Meat Solutions, Hormel Foods Corporation and Furst McNess Co. All these businesses provide great employment opportunities for people who want to live and work in Sherman, NE County. Overall, living in Sherman County is a great choice due to its cheaper rent and groceries compared to other areas.

Sherman County has an unemployment rate of 2.1%. The US average is 6.0%.

Sherman County has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Sherman County
- The Sales Tax Rate for Sherman County is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Sherman 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 Sherman County
- The average income of a Sherman County resident is $29,911 a year. The US average is $37,638 a year.
- The Median household income of a Sherman County resident is $57,579 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherman, 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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