Magnet, NE, located in Wheeler County is a great place to live with plenty of activities and attractions to enjoy. The rent for a two-bedroom apartment is only $720, which is much lower than the average rent of $1,430 in the United States. This makes Magnet an affordable option for those who want to live close to home while still having access to all the amenities they need. Grocery costs are also lower here compared to the national average with an index score of 91 versus 100 in the US.
The small town of Magnet has many local businesses that offer a variety of services as well as shops and restaurants. A few popular businesses include The Magnet Café & Bakery, The Wheel Inn Restaurant & Bar, and Magnolia Country Store. These restaurants provide delicious meals that are sure to satisfy everyone’s cravings while shopping at Magnolia Country Store provides antiques and unique gifts that you won’t find anywhere else.
Living in Magnet allows you access to all these amenities while still being able to experience small-town life at its finest. With its low cost of living compared to bigger cities nearby, it is the perfect place for those looking for a quiet lifestyle close to home.
Magnet (zip 68749) has an unemployment rate of 2.0%. The US average is 6.0%.
Magnet (zip 68749) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Magnet (zip 68749)
- The Sales Tax Rate for Magnet (zip 68749) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Magnet (zip 68749) 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 Magnet (zip 68749)
- The average income of a Magnet (zip 68749) resident is $32,333 a year. The US average is $37,638 a year.
- The Median household income of a Magnet (zip 68749) resident is $54,000 a year. The US average is $69,021 a year.