68365 Grafton, NE is a small town located in Nebraska with a population of 2,264. This quiet rural community offers affordable living costs, evidenced by the fact that the 2 bedroom rent in Grafton is only $820 compared to the national average of $1,430. Moreover, grocery items are more cost-effective in Grafton than elsewhere in the US, with its Grocery Cost Index at 98 compared to 100 for the rest of US.
Grafton's economy is primarily based on agriculture and has seen recent growth due to local businesses such as Jahnke Tractor & Machinery Inc., Dakota Plains Ag Center LLC, and Roca Co-Op Elevator that provide farming supplies and services. It also plays host to numerous small shops like Heartland Guns & Ammo LLC and Countryside Sales And Services Inc., adding variety and convenience for residents.
Overall, 68365 Grafton offers an affordable living environment with plenty of local businesses for its inhabitants without sacrificing quality of life—all while being cheaper than most cities across the US.
Grafton (zip 68365) has an unemployment rate of 2.1%. The US average is 6.0%.
Grafton (zip 68365) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Grafton (zip 68365)
- The Sales Tax Rate for Grafton (zip 68365) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Grafton (zip 68365) 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 Grafton (zip 68365)
- The average income of a Grafton (zip 68365) resident is $32,893 a year. The US average is $37,638 a year.
- The Median household income of a Grafton (zip 68365) resident is $53,750 a year. The US average is $69,021 a year.