Zip 68516 (Lincoln, NE) Economy


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Lincoln, NE, zip code 68516 is a popular and vibrant city. The average 2 bedroom rent in this area is $1,110 which is lower than the national average of $1,430. Additionally, the Grocery Cost Index of Lincoln is 101 in comparison to 100 for the US. In Lincoln one can find several local companies such as State Farm Insurance Agency, Public Power District, and NMC Exteriors & Remodeling that provide quality service to the community.

Lincoln (zip 68516) has an unemployment rate of 2.9%. The US average is 6.0%.

Lincoln (zip 68516) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Lincoln (zip 68516)
- The Sales Tax Rate for Lincoln (zip 68516) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 68516) 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 Lincoln (zip 68516)
- The average income of a Lincoln (zip 68516) resident is $38,017 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln (zip 68516) resident is $92,651 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, NebraskaUnited States
  2.96
  -2.2%-6.2%
  31.1%33.5%
  7.0%6.2%
  6.8%4.6%
  $45,242$37,638
  $92,651$69,021
  $106,610$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.2%6.8%
  8.3%10.0%
  1.6%2.5%
  11.1%11.0%
  4.1%4.8%
  0.9%0.8%
  1.9%1.9%
  9.1%4.7%
  1.4%1.9%
  7.1%7.6%
  0.4%0.1%
  1.6%4.2%
  12.6%9.3%
  16.8%14.0%
  1.3%2.1%
  4.3%7.0%
  5.6%4.8%
  6.3%4.7%
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