The city of 69221 Wood Lake, NE is an excellent place to live, located in Cherry County. The city offers many advantages with its peaceful atmosphere and affordable cost of living. Residents in this area enjoy a 2 Bedroom Rent rate that is $840 per month, significantly lower than the US average of $1,430. The Grocery Cost Index in Wood Lake also lies at 98 compared to the US at 100, making it more affordable for locals to purchase necessities. Those who decide to take up residence here will be able to find employment opportunities from local businesses such as Reisch Construction Inc., Carstens Grain & Feeding LLC, and Runningwater Draw Lodge. It is easy to see why so many people choose to move into this charming town and settle down here for a long time.
Wood Lake (zip 69221) has an unemployment rate of 1.6%. The US average is 6.0%.
Wood Lake (zip 69221) 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 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Wood Lake (zip 69221)
- The Sales Tax Rate for Wood Lake (zip 69221) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wood Lake (zip 69221) 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 Wood Lake (zip 69221)
- The average income of a Wood Lake (zip 69221) resident is $22,841 a year. The US average is $37,638 a year.
- The Median household income of a Wood Lake (zip 69221) resident is $42,321 a year. The US average is $69,021 a year.