Zip 68040 (Malmo, NE) Economy


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Malmo, Nebraska is a small town with a population of approximately 68040 people. Known for its peaceful atmosphere and friendly residents, Malmo offers plenty to do for those looking for a unique experience. The cost of living is relatively low with 2 bedroom rent averaging $900 compared to the US average of $1,430 and Grocery Cost Index at 96 versus 100 in the US.
Local businesses offer great services for locals and visitors alike. Some popular stores include Perfect Little Town Store, Music Lovers Shop, and Quirky Antique Boutique. There are also several restaurants in the area offering up delicious home cooked meals such as Mary's Homestyle Cooking and Jed's Diner.
The people of Malmo have an interesting culture that blends traditional values with modern ideas. Residents love to get out into nature by camping or hiking in the nearby terrain while also enjoying more urban activities like shopping at local boutiques or taking part in various festivals held throughout the year. Everyone is welcome here and it has become a unique destination for travelers looking for an authentic experience away from larger cities.

Malmo (zip 68040) has an unemployment rate of 2.6%. The US average is 6.0%.

Malmo (zip 68040) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for Malmo (zip 68040)
- The Sales Tax Rate for Malmo (zip 68040) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Malmo (zip 68040) 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 Malmo (zip 68040)
- The average income of a Malmo (zip 68040) resident is $31,951 a year. The US average is $37,638 a year.
- The Median household income of a Malmo (zip 68040) resident is $88,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMalmo, NebraskaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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