Hay Springs, Nebraska is a small town with a population of 709 people located in Sheridan County. Although Hay Springs is small, it offers its residents comfortable living conditions. The average rent for a two-bedroom apartment in Hay Springs is $810 per month - significantly less than the national average of $1,430. When it comes to groceries, Hay Springs has a grocery cost index of 96 which is 4% lower than the US average.
The local economy in Hay Springs consists mostly of small businesses such as Haley’s Supermarket, Country Club Cafe and The Little Store. There is not a large amount of employment opportunities in town; however, there are several larger companies within driving distance that offer full-time positions such as Western Nebraska Community College and Box Butte General Hospital. Production jobs at Tyson Foods and Cabela’s also provide employment options for those who are willing to commute. In general, the job market in Hay Springs is stable and provides enough employment for its citizens
Hay Springs (zip 69347) has an unemployment rate of 1.9%. The US average is 6.0%.
Hay Springs (zip 69347) 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 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Hay Springs (zip 69347)
- The Sales Tax Rate for Hay Springs (zip 69347) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hay Springs (zip 69347) 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 Hay Springs (zip 69347)
- The average income of a Hay Springs (zip 69347) resident is $24,896 a year. The US average is $28,555 a year.
- The Median household income of a Hay Springs (zip 69347) resident is $57,273 a year. The US average is $69,021 a year.