Grand Island, Nebraska (68801) is a vibrant city with great amenities and cost of living to match. The two bedroom rent is $890 which is significantly lower than the US average of $1,430. Grocery costs are also lower in Grand Island with an index of 95 compared to the US average of 100. This makes Grand Island an attractive option for those looking for affordable living without sacrificing quality of life. The city is home to several major companies including Richland Industries, Advanced Animal Care, and Aurora Coop. These companies represent the strong economic base and business opportunities available in Grand Island.
Grand Island (zip 68801) has an unemployment rate of 3.4%. The US average is 6.0%.
Grand Island (zip 68801) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Grand Island (zip 68801)
- The Sales Tax Rate for Grand Island (zip 68801) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Island (zip 68801) 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 Grand Island (zip 68801)
- The average income of a Grand Island (zip 68801) resident is $27,639 a year. The US average is $37,638 a year.
- The Median household income of a Grand Island (zip 68801) resident is $57,170 a year. The US average is $69,021 a year.