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SpotLight On Nebraska

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County Housing Study

Comprehensive Plan and Zoning Regulation

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Nebraska tax structure

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Highlights of the Nebraska tax structure

  • Sales-only formula used to calculate corporate income tax liability
  • No state property tax
  • No inventory tax
  • No personal property tax on intangibles
  • No sales tax on raw materials when used as ingredients or component parts in manufacturing operations
  • No sales tax on sales of energy for processing or manufacturing purposes
  • No sales tax on water used exclusively in manufacturing and processing
  • No sales tax on qualified agricultural machinery and equipment
  • No sales tax on manufacturing machinery, equipment, and related services
  • Sales and use tax refunds are available on qualified air and water pollution control equipment
  • Sales and use tax refunds are available on property qualifying for certain investment incentives
  • Sales and use tax refunds for data center and cloud computing operations
  • Personal property tax exemptions for data center and cloud computing operations

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Nebraska's New Generation of Economic Development Incentives 

The Nebraska Advantage package was designed to create a business climate that makes Nebraska the preferred location for starting and growing your business. The Nebraska Advantage rewards businesses that invest in the state and hire Nebraskans. In this progressive, pro-business tax climate, corporate income and sales taxes are reduced or virtually eliminated. This year, the Nebraska Legislature passed LB895 - the Nebraska Super Advantage - adding Super Tier 6 to the already-competitive incentives package. 

The Nebraska Advantage package benefits businesses with:

  • Investment credits
  • Wage credits
  • Sales tax refund
  • Customized job training
  • State and local sales tax exemptions for purchases of manufacturing machinery, equipment and related services
  • Research and development tax credits
  • Microenterprise tax credits
  • Inventory tax exemptions

Nebraska also offers:

  • Employees with an unmatched work ethic
  • Central location offering an integrated system of interstates, mainline railroads, and airports
  • Industrial sites and buildings ready for immediate occupancy
  • A 100% public power system – the only state that offers it – providing customers with electrical power at some of the lowest rates in the nation

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Nebraska continues to rank high

  • 4th Best Quality of Life
    Business Facilities Magazine, 2008 Annual Rankings Report
  • 5th Best Education Climate
    Business Facilities Magazine, 2008 Annual Rankings Report
  • 4th Best State for Jobs
    CareerBuilder.com, 2008
  • 4th Lowest Average Travel Time to Work
    U.S. Bureau of the Census
  • Top 10 States Receiving a 5-Star on the 2007 State's Healthcare Cost Quotient
    Expansion Management Magazine
  • Top 10 Best States for Business
    2008 Forbes Magazine

Cuming County Ranks:

  • 1st in the state for total value of agricultural products sold
  • 1st in the state for value of livestock, poultry and their products
Top crop items:
  • Corn for grain (23rd in the State)
  • Soybeans for beans (6th in the State
  • Corn for Silage (5th in the State)
Top Livestock inventory items :
  • Quail (1st in the state)
  • Cattle and calves (2nd in the state)
  • Hogs and Pigs (3rd in the state)
  • Colonies of Bees (5th in the state)
  • Sheep and lamb (12th in the state)

Cuming County Mission

To renew, retain, and recruit our businesses, people, and future.

To work in partnership with local citizens in our communities to support the economic opportunities of our county by retaining, expanding, and attracting business, industry, and agriculture.

Demographics

Demographics


Population: 9,306
(2008 estimate)
Projected Population: 9,118
(2013 estimate)
Median Age: 39.2 years
(2008 estimate)

 


Average Household Income:
$44,672
(2008 estimate)

Number of Business Establishments:
989
(2002 estimate)

Education: (2000 estimates)
78.7% have High School Diploma or higher
12.3% have a Bachelor’s Degree or higher

 

Major Economic Activities:

 
Agriculture - 48%;
Manufacturing - 27%;
Trade - 5%;

 

Finance, insurance, real estate - 4%;
Construction - 3%
Services - 5%;