Thomas County, NE Economy


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United States / Nebraska / No Metro Area / Thomas County / Cities / Zip Codes
Thomas, NE County is a small rural community in Nebraska. It is known for its friendly people and rustic charm. The cost of living in Thomas, NE County is significantly lower than the rest of the US, with a two bedroom rent costing around $830 per month compared to the US average of $1,430. In addition, the Grocery Cost Index (GCI) in Thomas is 93 versus 100 in the US so groceries are also less expensive.\nLocal companies that operate or have offices in Thomas include agribusinesses such as K & J Agri Service and Mid-Nebraska Feeders, food services like Big Red Burrito and construction firms such as Sound Construction Company and North Platte Concrete. These businesses provide employment opportunities for locals and help sustain the small-town economy of Thomas NE County.

Thomas County has an unemployment rate of 2.9%. The US average is 6.0%.

Thomas 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 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Thomas County
- The Sales Tax Rate for Thomas County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Thomas 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 Thomas County
- The average income of a Thomas County resident is $28,421 a year. The US average is $28,555 a year.
- The Median household income of a Thomas County resident is $51,696 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThomas, NebraskaUnited States
  2.96
  -2.4%-6.2%
  25.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $35,678$37,638
  $51,696$69,021
  $64,674$85,028
  Population by Occupation
  36.9%1.2%
  0.0%0.5%
  2.2%6.8%
  1.6%10.0%
  0.0%2.5%
  7.1%11.0%
  8.7%4.8%
  0.0%0.8%
  0.0%1.9%
  6.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  16.3%9.3%
  14.7%14.0%
  0.0%2.1%
  1.0%7.0%
  1.0%4.8%
  2.9%4.7%
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