Zip 68788 (West Point, NE) Economy


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United States / Nebraska / No Metro Area / Cuming County / West Point / West Point (zip 68788)
68788 West Point, NE is a small town located in Cuming County with a population of around 3,800 people. This area is known for its friendly atmosphere; the locals are very welcoming and supportive of each other. The average 2 bedroom rent in 68788 West Point is $790 while US average 2 bedroom rent is $1,430 - which makes it a great place to live. Similarly, the Grocery Cost Index in this area is 96 compared to 100 in US, making it an affordable place to live with minimal compromise on quality of food items being purchased.
The community of 68788 West Point relies heavily on local businesses such as Jensen Motorsports for their automotive needs, West Point Locker Plant for grocery items, Sanne Ace Hardware for general home improvement tasks and Kastens Nursery & Greenhouse for plants and landscaping services. These locally-owned companies have been providing a great service to the community since years and contribute towards improving the overall economy of the area.

West Point (zip 68788) has an unemployment rate of 1.7%. The US average is 6.0%.

West Point (zip 68788) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for West Point (zip 68788)
- The Sales Tax Rate for West Point (zip 68788) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Point (zip 68788) 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 West Point (zip 68788)
- The average income of a West Point (zip 68788) resident is $25,145 a year. The US average is $28,555 a year.
- The Median household income of a West Point (zip 68788) resident is $62,132 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Point, NebraskaUnited States
  1.76
  1.4%-6.2%
  19.8%33.5%
  7.0%6.2%
  6.8%4.6%
  $33,191$37,638
  $62,132$69,021
  $79,559$85,028
  Population by Occupation
  5.3%1.2%
  0.7%0.5%
  7.7%6.8%
  16.3%10.0%
  5.9%2.5%
  9.5%11.0%
  1.9%4.8%
  0.0%0.8%
  2.6%1.9%
  5.1%4.7%
  0.2%1.9%
  2.6%7.6%
  0.0%0.1%
  2.7%4.2%
  8.3%9.3%
  12.8%14.0%
  0.2%2.1%
  6.7%7.0%
  2.9%4.8%
  8.4%4.7%
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