How is the economy going to effect my rent in Omaha?

April 25, 2012 | 0 Comments

Omaha is a $37-billion-plus economy and was recently ranked by KPMG as the midsize city with the most amicable tax structure to establish a business. According to the Omaha Chamber of Commerce, the Nebraska and Omaha work force markets have been notably resilient with total employment indexing above the rest of the country.

What does that mean for you? Continued job growth and a favorable tax structure means Omaha will continue to grow tax revenues through attracting new businesses rather than through existing ones. This means rents are being raised at a rate lower than the national average. According to the latest U.S. census, monthly rent for a citizen in the U.S. is $651 per month. With a median of $537 per month, Omaha is well below the national average.

A growing job market and favorable business taxes are two more reasons apartments in Omaha, Nebraska are so sought-after in our economic climate.

Category: City Guides, Greater Omaha