Zip 68503 (Lincoln, NE) Economy


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equestId":"1d525de1-58e7-4fb7-82b3-fce1811c66ad","resource":"content","data":[{"id":"txt_df777adde4ff468998b4274891b38642","text":"\n \nThe city of Lincoln, NE (68503) is an affordable place to live, with a two-bedroom rent costing $820 compared to the US average of $1,430. Along with this, the grocery cost index in Lincoln is 95 versus 100 in the US, making it even more economically friendly. Several notable companies are based in Lincoln such as TD Ameritrade, Nelnet and West Corporation. TD Ameritrade provides online investment services while Nelnet is an education loan provider. Lastly, West Corporation is a leading global provider of communication and network infrastructure services. All three companies provide plenty of job opportunities for residents of Lincoln and contribute to its thriving economy.

Lincoln (zip 68503) has an unemployment rate of 2.9%. The US average is 6.0%.

Lincoln (zip 68503) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Lincoln (zip 68503)
- The Sales Tax Rate for Lincoln (zip 68503) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 68503) 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 Lincoln (zip 68503)
- The average income of a Lincoln (zip 68503) resident is $15,578 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln (zip 68503) resident is $40,251 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, NebraskaUnited States
  2.96
  -2.2%-6.2%
  31.1%33.5%
  7.0%6.2%
  6.8%4.6%
  $24,341$37,638
  $40,251$69,021
  $54,059$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  6.8%6.8%
  8.1%10.0%
  0.7%2.5%
  11.4%11.0%
  1.5%4.8%
  0.1%0.8%
  2.8%1.9%
  4.4%4.7%
  0.8%1.9%
  4.7%7.6%
  0.0%0.1%
  5.5%4.2%
  16.0%9.3%
  11.6%14.0%
  1.2%2.1%
  12.6%7.0%
  6.2%4.8%
  3.9%4.7%
Health