Zip 68349 (Elmwood, NE) Economy


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68349 Elmwood, NE is a great place to live for those looking for a mix of urban and rural life. It's close to all the amenities of a larger city but has the charm of a smaller town. The average two bedroom rent is $870 which makes it affordable compared to the US average of $1,430. Grocery Cost Index for this area is 97 versus 100 in US, making it an even more economical place to settle down. There are local businesses such as Joe's Hardware Store, Shelby's Restaurant and Bar, and Oakridge Shopping Mall that add to the convenience of living in this part of town. In conclusion, 68349 Elmwood, NE is an ideal destination for people looking for affordability without sacrificing amenities or ambiance.

Elmwood (zip 68349) has an unemployment rate of 3.2%. The US average is 6.0%.

Elmwood (zip 68349) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Elmwood (zip 68349)
- The Sales Tax Rate for Elmwood (zip 68349) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Elmwood (zip 68349) 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 Elmwood (zip 68349)
- The average income of a Elmwood (zip 68349) resident is $30,314 a year. The US average is $28,555 a year.
- The Median household income of a Elmwood (zip 68349) resident is $74,926 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElmwood, NebraskaUnited States
  3.26
  -2.2%-6.2%
  30.6%33.5%
  5.5%6.2%
  6.8%4.6%
  $40,134$37,638
  $74,926$69,021
  $90,139$85,028
  Population by Occupation
  5.2%1.2%
  0.3%0.5%
  8.6%6.8%
  10.6%10.0%
  2.1%2.5%
  11.0%11.0%
  11.9%4.8%
  0.2%0.8%
  0.0%1.9%
  7.5%4.7%
  1.8%1.9%
  4.1%7.6%
  0.0%0.1%
  3.2%4.2%
  8.0%9.3%
  10.6%14.0%
  0.3%2.1%
  4.4%7.0%
  3.1%4.8%
  7.3%4.7%
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