Salem, Nebraska (68433) is a small town situated in southeastern Nebraska. It has a population of just under 900 people and is known for its friendly atmosphere and excellent quality of life. The cost of living in Salem is very affordable with 2 bedroom rent costing just $810 per month compared to the US average of $1,430. Grocery costs are also very reasonable, with an index score of 89 - much lower than the national average of 100. There are many local businesses in Salem that provide goods and services to residents such as Wiehn Drug Store & Gifts, Next Generation Cellular & Internet Services, and Salem Animal Clinic. The city's low grocery cost index makes everyday food items more affordable for those who live there.
Salem (zip 68433) has an unemployment rate of 2.6%. The US average is 6.0%.
Salem (zip 68433) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Salem (zip 68433)
- The Sales Tax Rate for Salem (zip 68433) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Salem (zip 68433) 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 Salem (zip 68433)
- The average income of a Salem (zip 68433) resident is $29,425 a year. The US average is $37,638 a year.
- The Median household income of a Salem (zip 68433) resident is $41,528 a year. The US average is $69,021 a year.