68862 Ord, NE is a small town located in Valley County with an estimated population of 2,051. The cost of living in this area is low compared to the US average. According to recent data, the median rent for a two-bedroom apartment in Ord is $810, which is 43% lower than the national average of $1,430. Additionally, the grocery cost index here is 94 versus 100 nationally, making staples like food more affordable than other parts of the country.
The town relies heavily on its agricultural industry and is home to several businesses including Farmers Co-Op Grain Elevator & Feed Mill, Valley Irrigation Systems Inc., Ag Pro Valley Inc., Plackett’s Pest Control LLC, and Drayer’s Body Shop. With its low cost of living and thriving economy, Ord could be an ideal place for those seeking affordable housing and employment opportunities.
Ord (zip 68862) has an unemployment rate of 2.3%. The US average is 6.0%.
Ord (zip 68862) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Ord (zip 68862)
- The Sales Tax Rate for Ord (zip 68862) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ord (zip 68862) 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 Ord (zip 68862)
- The average income of a Ord (zip 68862) resident is $24,765 a year. The US average is $28,555 a year.
- The Median household income of a Ord (zip 68862) resident is $57,750 a year. The US average is $69,021 a year.