A good salary in Nebraska provides solid purchasing power, especially in Omaha which offers a surprising number of Fortune 500 companies for its size.

Quick Answer

Situation Good Salary Comfortable Salary
Single, Nebraska average $48,000-$62,000 $38,000-$48,000
Single in Omaha $52,000-$68,000 $42,000-$52,000
Single in Lincoln $48,000-$62,000 $38,000-$48,000
Family of 4 $78,000-$100,000 $62,000-$78,000

Key advantage: Nebraska has affordable housing and a strong, diversified economy.

Why Nebraska Is Affordable

Nebraska benefits from:

  • Low housing costs (median home price ~$245,000)
  • Strong job market with Fortune 500 companies
  • Low unemployment — consistently among lowest in US
  • Central location keeps transportation costs reasonable

Note: Property taxes (1.61%) are above average.

Good Salary by Nebraska City

Omaha

Omaha is Nebraska’s largest city with headquarters for Berkshire Hathaway, Mutual of Omaha, Union Pacific, and more.

Category Single Person Family of 4
Minimum to survive $35,000 $58,000
Comfortable $48,000 $78,000
Good lifestyle $65,000+ $105,000+

Median home price: ~$290,000
Average rent (1BR): ~$1,100/month

Lincoln

Lincoln is the state capital and home to University of Nebraska.

Category Single Person Family of 4
Minimum to survive $32,000 $55,000
Comfortable $45,000 $72,000
Good lifestyle $60,000+ $95,000+

Median home price: ~$285,000
Average rent (1BR): ~$1,000/month

Grand Island

Grand Island offers affordable smaller-city living in central Nebraska.

Category Single Person Family of 4
Minimum to survive $28,000 $48,000
Comfortable $38,000 $62,000
Good lifestyle $50,000+ $82,000+

Median home price: ~$205,000
Average rent (1BR): ~$800/month

How Much House Can You Afford in Nebraska?

Annual Salary Max Home Price (28% rule)
$48,000 $175,000-$195,000
$62,000 $230,000-$250,000
$78,000 $290,000-$320,000
$100,000 $380,000-$420,000

Nebraska vs. Other States

State $60K Salary Take-Home Cost of Living Index
Nebraska $48,200 92
Iowa $48,500 90
Kansas $49,000 88
South Dakota $52,500 93

Nebraska’s income tax is moderate; property taxes are higher.

Nebraska State Income Tax

Nebraska has a graduated income tax with four brackets:

  • $0-$3,700: 2.46%
  • $3,701-$22,170: 3.51%
  • $22,171-$35,730: 5.01%
  • Over $35,730: 5.84%

The top rate of 5.84% is moderate, and recent reforms have lowered rates.

Top Industries in Nebraska

  1. Insurance/Finance (Berkshire Hathaway, Mutual of Omaha) — Average salary $70,000+
  2. Agriculture (beef, corn, soybeans) — Average salary $50,000+
  3. Transportation (Union Pacific) — Average salary $65,000+
  4. Healthcare (major hospital systems) — Average salary $60,000+
  5. Technology (growing sector) — Average salary $75,000+
  6. Manufacturing — Average salary $52,000+

Nebraska Fun Facts

  • Warren Buffett lives in Omaha, where he’s lived since 1958
  • Omaha has more restaurants per capita than San Francisco
  • Nebraska has the lowest unemployment consistently
  • Lincoln has one of the best downtowns for its size
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