Zip 68418 (Palmyra, NE) Economy


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United States / Nebraska / No Metro Area / Otoe County / Palmyra / Palmyra (zip 68418)
Palmyra, Nebraska is a great town for those looking for an affordable place to live. The 2 bedroom rent in Palmyra is $1,030 compared to the US average of $1,430. Grocery Cost Index in Palmyra is also lower than average at 98 versus 100 in the US.
Palmyra offers the best of both worlds; a small community lifestyle with all the amenities one would expect from a larger city. It's a great choice for young families and retirees alike. There are plenty of local attractions to explore such as the Fort McPherson State Historical Park which features an original stage coach station and two-story adobe home. For shopping enthusiasts there are plenty of stores like Dollar General, Walgreens and CVS where you can get your everyday items at reasonable prices. The local YMCA also provides great athletics opportunities for all ages.

Palmyra (zip 68418) has an unemployment rate of 2.5%. The US average is 6.0%.

Palmyra (zip 68418) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Palmyra (zip 68418)
- The Sales Tax Rate for Palmyra (zip 68418) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Palmyra (zip 68418) 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 Palmyra (zip 68418)
- The average income of a Palmyra (zip 68418) resident is $25,465 a year. The US average is $28,555 a year.
- The Median household income of a Palmyra (zip 68418) resident is $76,513 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmyra, NebraskaUnited States
  2.56
  -1.3%-6.2%
  23.7%33.5%
  5.5%6.2%
  6.8%4.6%
  $37,375$37,638
  $76,513$69,021
  $101,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.5%6.8%
  6.3%10.0%
  2.5%2.5%
  8.8%11.0%
  5.6%4.8%
  2.2%0.8%
  2.2%1.9%
  13.2%4.7%
  0.0%1.9%
  4.3%7.6%
  0.0%0.1%
  4.1%4.2%
  12.7%9.3%
  13.6%14.0%
  1.5%2.1%
  4.3%7.0%
  3.0%4.8%
  8.3%4.7%
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