De Witt, Nebraska is a small town located in the southeastern corner of the state. This rural community consists of just under 500 people and is predominately white. The median household income is around $52,000 and the unemployment rate is at 6%. With an affordable cost of living, De Witt has been a great place for families to make a home. A two bedroom house rental will run about $820 dollars a month. The U.S average for rent is $1,430 dollars making De Witt 26% cheaper than the national average. Grocery prices are also lower with a grocery cost index of 95 versus 100 in the US.
Living in De Witt can also be beneficial to businesses or entrepreneurs because taxes are lower than the national average making it easier to start up new projects or ideas. Local companies include Neil’s Supervior Service Inc., Crossroads Cafe and Grill, and Alan Ostrum Agency Inc.. These businesses have helped serve as a foundation for economic growth in this small community. With its affordable housing costs and low tax rates, De Witt provides an ideal environment for families looking to get away from the hustle and bustle of city life while still reaping all the benefits that come with living in America's heartland.
De Witt (zip 68341) has an unemployment rate of 2.9%. The US average is 6.0%.
De Witt (zip 68341) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for De Witt (zip 68341)
- The Sales Tax Rate for De Witt (zip 68341) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for De Witt (zip 68341) 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 De Witt (zip 68341)
- The average income of a De Witt (zip 68341) resident is $32,888 a year. The US average is $37,638 a year.
- The Median household income of a De Witt (zip 68341) resident is $72,000 a year. The US average is $69,021 a year.