Zip 68355 (Falls City, NE) Economy


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United States / Nebraska / No Metro Area / Richardson County / Falls City / Falls City (zip 68355)
Falls City, Nebraska is a small town situated in the southeastern corner of the state with an estimated population of 68355. It offers plenty of housing options for those looking to relocate, as the average 2 bedroom rent is $720 per month. This is significantly lower than the national average of $1,430 and grocery costs are also low at 93 compared to 100 nationwide. The city's location makes it an ideal choice for those seeking job opportunities, with several local companies offering competitive wages such as Hormel Foods, Ivy Industries and Ag Processing Inc. There are also educational institutions such as Nebraska Wesleyan University and Doane University which offer promising entry-level positions.

Falls City (zip 68355) has an unemployment rate of 2.6%. The US average is 6.0%.

Falls City (zip 68355) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Falls City (zip 68355)
- The Sales Tax Rate for Falls City (zip 68355) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falls City (zip 68355) 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 Falls City (zip 68355)
- The average income of a Falls City (zip 68355) resident is $25,047 a year. The US average is $28,555 a year.
- The Median household income of a Falls City (zip 68355) resident is $41,851 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFalls City, NebraskaUnited States
  2.66
  -1.5%-6.2%
  21.4%33.5%
  7.0%6.2%
  6.8%4.6%
  $28,350$37,638
  $41,851$69,021
  $48,110$85,028
  Population by Occupation
  9.4%1.2%
  0.0%0.5%
  13.1%6.8%
  11.2%10.0%
  1.8%2.5%
  10.8%11.0%
  5.2%4.8%
  1.9%0.8%
  0.7%1.9%
  1.8%4.7%
  1.0%1.9%
  1.3%7.6%
  0.0%0.1%
  1.7%4.2%
  11.0%9.3%
  15.8%14.0%
  4.1%2.1%
  4.2%7.0%
  4.1%4.8%
  0.7%4.7%
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