Spalding, Nebraska (68665) is an excellent place to live due to its low cost of living. The average 2 bedroom rent in Spalding is just $900 per month, compared with the US average of $1,430. Similarly, the Grocery Cost Index in Spalding is 93 compared to 100 nationally. This makes it very affordable for people looking to live in this area.
The local economy is based around agriculture and farming, with some of the top employers including Ag Processing Inc., Beaver Valley Cheese Company & Dairy Co-op, and Fremont Veterinary Clinic. Additionally, there are several small businesses that cater to the needs of locals as well as tourists.
The real estate market in Spalding is quite strong and affordable for buyers looking for a good deal. Homes typically range from around $100K - $150K but can vary depending on size and age of the property. There are lots available for development and many new construction homes popping up throughout the area.
Spalding (zip 68665) has an unemployment rate of 2.1%. The US average is 6.0%.
Spalding (zip 68665) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Spalding (zip 68665)
- The Sales Tax Rate for Spalding (zip 68665) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Spalding (zip 68665) 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 Spalding (zip 68665)
- The average income of a Spalding (zip 68665) resident is $26,260 a year. The US average is $37,638 a year.
- The Median household income of a Spalding (zip 68665) resident is $47,031 a year. The US average is $69,021 a year.