Zip 68860 (Oconto, NE) Economy


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United States / Nebraska / No Metro Area / Custer County / No City / Oconto (zip 68860)
68860 Oconto, NE is a small town located on the Middle Loup River in the northern part of Nebraska. It is home to a population of only 318 people as of 2019. The median two bedroom rent price for this area is $830, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index here is 91 compared to the US average of 100.
Oconto offers some local businesses such as Dobson's Store and a gas station, Frank’s Sinclair Station. There are also several family-run farms in the area that offer fresh produce and other goods. For entertainment residents have access to Kinkade Park with its baseball field and basketball court, and the nearby Middle Loup River provides many recreational opportunities such as fishing and kayaking.

Oconto (zip 68860) has an unemployment rate of 1.7%. The US average is 6.0%.

Oconto (zip 68860) has seen the job market increase by 1.2% 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 Oconto (zip 68860)
- The Sales Tax Rate for Oconto (zip 68860) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Oconto (zip 68860) 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 Oconto (zip 68860)
- The average income of a Oconto (zip 68860) resident is $22,275 a year. The US average is $28,555 a year.
- The Median household income of a Oconto (zip 68860) resident is $58,077 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOconto, NebraskaUnited States
  1.76
  -1.8%-6.2%
  31.1%33.5%
  6.5%6.2%
  6.8%4.6%
  $29,611$37,638
  $58,077$69,021
  $62,596$85,028
  Population by Occupation
  40.2%1.2%
  0.0%0.5%
  3.8%6.8%
  10.6%10.0%
  0.0%2.5%
  6.8%11.0%
  6.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  1.5%9.3%
  5.3%14.0%
  0.0%2.1%
  0.8%7.0%
  15.9%4.8%
  8.3%4.7%
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