Spencer is a small town in Nebraska with a population of 6,8777. It is known for its affordable cost of living with a two-bedroom apartment rent averaging around $820 per month. This cost is significantly lower than the nationwide average of $1,430. Grocery costs are also low here, with an index score of 96 compared to 100 in the US. The city offers a range of services including local restaurants like Kountry Kitchen and O’Neils Bar & Grill, as well as shops such as Walmart and Dollar General. Overall Spencer provides a great quality of life at an economical cost.
Spencer (zip 68777) has an unemployment rate of 2.1%. The US average is 6.0%.
Spencer (zip 68777) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Spencer (zip 68777)
- The Sales Tax Rate for Spencer (zip 68777) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Spencer (zip 68777) 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 Spencer (zip 68777)
- The average income of a Spencer (zip 68777) resident is $30,735 a year. The US average is $37,638 a year.
- The Median household income of a Spencer (zip 68777) resident is $55,938 a year. The US average is $69,021 a year.