Wolbach, NE is a small town located in the Midwest with a population of just under 700 residents. Residents here benefit from lower than average rent prices for 2 bedroom apartments at just $840 compared to the US average of $1,430. Groceries are also cheaper in Wolbach with an index of 90 compared to 100 in the US. Local businesses in Wolbach include J&R Meats, T&D Appliance Repair, and Delta Trading Co., all of which specialize in different areas. The local economy is based off of these businesses as well as farming and ranching industries.
Wolbach has an unemployment rate of 2.1%. The US average is 6.0%.
Wolbach 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 Wolbach
- The Sales Tax Rate for Wolbach is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wolbach is 6.8%. The US average is 4.6%.
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Income and Salaries for Wolbach
- The average income of a Wolbach resident is $24,681 a year. The US average is $37,638 a year.
- The Median household income of a Wolbach resident is $45,625 a year. The US average is $69,021 a year.