Average Salary in Nebraska (NE)

Nebraska's $74,580 median household income is above the national average, and the cost-of-living index of 91 gives the state one of the stronger effective purchasing-power positions in the Midwest. Omaha anchors the economy as one of the largest insurance markets in the country — Mutual of Omaha and Berkshire Hathaway are both headquartered there, and Union Pacific's headquarters employs thousands more. Warren Buffett's Berkshire has made the city an unlikely centre of investment-management employment for a metro of its size. Lincoln, the state capital and home to the University of Nebraska, anchors a smaller but faster-growing economy driven by the university and by a software-and-services sector that has emerged over the past decade (Hudl, Spreetail, Bulu Group). Outside the two metros, the economy is dominated by agriculture — Nebraska consistently ranks first or second in corn and cattle production. State income tax brackets range from 2.46% to 5.84% and are scheduled to reduce further under enacted law. The $13.50/hour minimum wage was raised via ballot initiative in 2022 and is stepping up to $15 by 2026. Property taxes are high and have been the central issue in state politics. Full data follows.