68838 Farwell, NE is a small, rural town located in the western part of Nebraska. It is an affordable place to live with rent prices for two bedroom apartments at $870 per month compared to the national average rent of $1,430. Groceries are also inexpensive in Farwell as the grocery cost index is 92 versus the US average of 100. Popular places and companies in Farwell include Bennett Electric, Farmers Cooperative Society, K-V Ranch Supply & Services, Red Rock Veterinary Clinic and Wesco Electric Coop. This small town offers plenty of local amenities and businesses that make it an enjoyable place to live.
Farwell (zip 68838) has an unemployment rate of 2.4%. The US average is 6.0%.
Farwell (zip 68838) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Farwell (zip 68838)
- The Sales Tax Rate for Farwell (zip 68838) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Farwell (zip 68838) 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 Farwell (zip 68838)
- The average income of a Farwell (zip 68838) resident is $24,393 a year. The US average is $28,555 a year.
- The Median household income of a Farwell (zip 68838) resident is $50,250 a year. The US average is $69,021 a year.