Benedict, Nebraska is an attractive rural town located in Lancaster County. With a population of 68316, it offers the amenities of a small city without the hustle and bustle. Benedict has plenty to offer; from great local businesses such as Joe's Hardware Store and Smith's Family Diner, to affordable living costs. The average two bedroom rental in Benedict is $910 compared to the national average rental rate of $1,430, making it an ideal location for budget-conscious individuals. Additionally, the Grocery Cost Index (GCI) in Benedict is 95 versus 100 in the US., which means groceries are significantly more affordable here than elsewhere. All these factors make Benedict an excellent choice for those looking for a peaceful but vibrant place to live at an affordable cost.
Benedict (zip 68316) has an unemployment rate of 2.0%. The US average is 6.0%.
Benedict (zip 68316) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Benedict (zip 68316)
- The Sales Tax Rate for Benedict (zip 68316) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Benedict (zip 68316) 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 Benedict (zip 68316)
- The average income of a Benedict (zip 68316) resident is $32,445 a year. The US average is $37,638 a year.
- The Median household income of a Benedict (zip 68316) resident is $63,750 a year. The US average is $69,021 a year.