Lincoln, NE (zipcode 68512) is a great place to live with an affordable cost of living. The average two bedroom rent in Lincoln is $1,160 which is significantly lower than the US average of $1,430. Grocery costs are also more economical in Lincoln than nationally, with a grocery cost index of 100 versus 100 in the US.
There are many local businesses that make living in Lincoln attractive. Hy-Vee is a popular grocery store chain with locations throughout Lincoln providing quality products at an affordable price. Other stores such as Walmart offer a variety of products from groceries to housewares to electronic goods. In addition, several restaurants including Runza and Tico’s Mexican Grill serve delicious food while contributing to the vibrant culture of Lincoln.
Overall, the cost of living in Lincoln (68512) is quite reasonable compared to other areas across the United States making it an excellent choice for those looking for affordable housing and amenities.
Lincoln (zip 68512) has an unemployment rate of 2.9%. The US average is 6.0%.
Lincoln (zip 68512) has seen the job market decrease by -2.2% 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 68512)
- The Sales Tax Rate for Lincoln (zip 68512) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 68512) 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 68512)
- The average income of a Lincoln (zip 68512) resident is $49,735 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln (zip 68512) resident is $88,141 a year. The US average is $69,021 a year.