Farnam, NE (zip code 69029) is a great place to live due to its relatively low rental costs. The average two bedroom rent in Farnam is only $890 compared to the national average of $1,430. Additionally, grocery costs are also lower in Farnam with a Grocery Cost Index of 92 versus 100 in the US. This makes living comfortably much more achievable here as residents can save money on both rent and groceries. The local area offers many options for groceries with stores such as Farnam Foods, Ampride Grocery Store, and Country Mart all being within proximity.
Farnam (zip 69029) has an unemployment rate of 2.3%. The US average is 6.0%.
Farnam (zip 69029) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Farnam (zip 69029)
- The Sales Tax Rate for Farnam (zip 69029) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Farnam (zip 69029) 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 Farnam (zip 69029)
- The average income of a Farnam (zip 69029) resident is $25,793 a year. The US average is $28,555 a year.
- The Median household income of a Farnam (zip 69029) resident is $54,167 a year. The US average is $69,021 a year.