Zip 68958 (Loomis, NE) Economy


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United States / Nebraska / No Metro Area / Phelps County / Loomis / Loomis (zip 68958)
68958 Loomis, NE is a small city located in Lincoln County. It has a population of 654 people, making it one of the smallest cities in the state. The average two-bedroom rent in this area is $850, which is much lower than the national average of $1,430. The cost of living in Loomis is very affordable with a grocery cost index at 95 versus the US average at 100. There are several local businesses that call this town home such as True North Pizza, Plank's Bar & Grill, Loomis Insurance Agency and Ideal Fitness Center. With such low rent prices and cost of living, it's no wonder why so many have chosen to make their home in Loomis.

Loomis (zip 68958) has an unemployment rate of 1.9%. The US average is 6.0%.

Loomis (zip 68958) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Loomis (zip 68958)
- The Sales Tax Rate for Loomis (zip 68958) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Loomis (zip 68958) 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 Loomis (zip 68958)
- The average income of a Loomis (zip 68958) resident is $29,983 a year. The US average is $37,638 a year.
- The Median household income of a Loomis (zip 68958) resident is $61,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoomis, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    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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