Zip 68029 (Herman, NE) Economy


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Herman, NE is a small rural village located in 68029 zip code with a population of 300 people. The rent for two bedroom apartments is significantly lower than the US average of $1430, coming in at only $890. The grocery cost index in Herman is also lower than the US average, coming in at 95 versus 100. There are several companies located near Herman such as L-N-D Enterprises Inc., John Deere Dealers and Farmers Union Co-Op Association. These local businesses provide citizens of Herman with necessary goods and services to help them sustain their day to day living.

Herman (zip 68029) has an unemployment rate of 2.6%. The US average is 6.0%.

Herman (zip 68029) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Herman (zip 68029)
- The Sales Tax Rate for Herman (zip 68029) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Herman (zip 68029) 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 Herman (zip 68029)
- The average income of a Herman (zip 68029) resident is $27,493 a year. The US average is $37,638 a year.
- The Median household income of a Herman (zip 68029) resident is $65,577 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerman, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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