Zip 68853 (Loup City, NE) Economy


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United States / Nebraska / No Metro Area / Sherman County / Loup City / Loup City (zip 68853)
Loup City is a city located in Sherman County, Nebraska. It has an estimated population of 688 according to the U.S. Census Bureau. The average 2 bedroom rent in Loup City is $830 which is considerably lower than the nationwide average of $1,430. Moreover, the grocery cost index in Loup City is 93 versus 100 in the US indicating that groceries are cheaper in Loup City compared to the national average which makes it a great option for those looking for affordable living.
Loup City offers many amenities such as an array of restaurants ranging from fast food to upscale dining options like Mariah's Country Cafe and Nick's Bar & Grill as well as many small businesses such as K&R Tire Service and Loup Valley Equipment Repair Shop.
For those looking to move somewhere with affordable housing and access to necessary amenities, Loup City would be a great option. Not only does it have lower rental prices than the national average but also offers a variety of restaurants and businesses catering to different needs, making it an ideal place for people who are looking for an economical lifestyle without compromising on accessibility or comfort.

Loup City (zip 68853) has an unemployment rate of 2.1%. The US average is 6.0%.

Loup City (zip 68853) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Loup City (zip 68853)
- The Sales Tax Rate for Loup City (zip 68853) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Loup City (zip 68853) 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 Loup City (zip 68853)
- The average income of a Loup City (zip 68853) resident is $25,749 a year. The US average is $28,555 a year.
- The Median household income of a Loup City (zip 68853) resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoup City, NebraskaUnited States
  2.16
  -0.9%-6.2%
  22.1%33.5%
  7.0%6.2%
  6.8%4.6%
  $27,419$37,638
  $51,250$69,021
  $64,038$85,028
  Population by Occupation
  12.4%1.2%
  0.0%0.5%
  5.3%6.8%
  9.1%10.0%
  2.2%2.5%
  9.8%11.0%
  4.2%4.8%
  1.8%0.8%
  0.9%1.9%
  3.8%4.7%
  1.8%1.9%
  2.8%7.6%
  0.0%0.1%
  3.2%4.2%
  5.4%9.3%
  13.9%14.0%
  5.0%2.1%
  7.4%7.0%
  6.3%4.8%
  5.0%4.7%
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