Lincoln, Nebraska (68506) has an affordable cost of living. The average two-bedroom rent in the area is $1,060 versus the US average of $1,430. The grocery cost index in this part of Nebraska is 97 compared to 100 nationally. Lincoln is home to numerous established businesses such as Bryan Health, Nelnet, Security National Bank, and Lincoln Industries. With its lower than average two bedroom rent and grocery costs it makes the perfect place for businesses to start up or expand.
Lincoln (zip 68506) has an unemployment rate of 2.9%. The US average is 6.0%.
Lincoln (zip 68506) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Lincoln (zip 68506)
- The Sales Tax Rate for Lincoln (zip 68506) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 68506) 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 Lincoln (zip 68506)
- The average income of a Lincoln (zip 68506) resident is $31,179 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln (zip 68506) resident is $63,171 a year. The US average is $69,021 a year.