68640 Genoa, NE is a small town with a population of approximately 650 people. It is located in Nance County, Nebraska and has a relatively low cost of living compared to other cities in the US. The average 2 bedroom rent in Genoa is $880 which is well below the US average of $1,430. Additionally, the Grocery Cost Index in Genoa is 93 versus 100 nation-wide. Local companies in Genoa include Cedar Valley Veterinary Service which offers pet care services, NAPA Auto Parts for auto parts and accessories, and Kreikemeier's Foods for groceries and other necessities. With its low rent costs and grocery index, 68640 Genoa, NE is an affordable place to live with plenty of local businesses to support its residents.
Genoa (zip 68640) has an unemployment rate of 2.2%. The US average is 6.0%.
Genoa (zip 68640) has seen the job market decrease by -2.5% 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 Genoa (zip 68640)
- The Sales Tax Rate for Genoa (zip 68640) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Genoa (zip 68640) is 6.8%. The US average is 4.6%.
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Income and Salaries for Genoa (zip 68640)
- The average income of a Genoa (zip 68640) resident is $31,338 a year. The US average is $37,638 a year.
- The Median household income of a Genoa (zip 68640) resident is $62,500 a year. The US average is $69,021 a year.