State Resources


Nebraska Business Resources

Nebraska is located in the heart of the Great Plains region. Its rich soil has rendered agriculture, notably corn production, the cornerstone of the local economy. Recent times have seen corn prices reach record highs due in part to the increase in demand for ethanol production. Ethanol accounts for 25% of the use of the crop, while the majority is still used as feed for farm animals. Nebraska is also a major supplier of soybeans, grains, beef, and pork.

Nebraska’s strength in the agriculture industry is complemented by a fast-growing manufacturing sector, lead by food processing, as well as farm equipment, chemicals, and instruments. Transportation is another key industry; Nebraska is home to the world’s largest railroad classification yard, thanks in part to the agriculture sector, which fills 65% of the state’s freight. The service sector is also expanding thanks to the growing finance, insurance, and real estate markets.

Business Data

Per Capita Real GDP$36,441 Rank: 21/50 (2006)
Population1,711,260 Rank: 38/50 (2000)
Per Capita Personal Income$34,397 Rank: 23/50 (2006)
Unemployment Rate2.90% Rank: 4/50 (2008)
Business Tax Climate IndexRank: 43/50 (2008)
Corporate Tax Rate5.58% - 7.81%
Individual Tax Rate 2.56% - 6.84%
Sales Tax Rate 5.5%

Business Tax Climate Index

Individual Income Tax Index Rank33
Sales Tax Index Rank46
Unemployment Insurance Tax Index Rank17
Property Tax Index Rank42
Business Tax Climate Index43
Corporate Tax Index Rank33

State Information

AbbreviationNE
CapitalLincoln
Nick NameCornhusker State
State Web Sitehttp://www.nebraska.gov
MottoEquality before the law

Top 5 Export Partner Countries

Canada, Mexico, Japan, China, Australia

Top 5 Export Merchandise

Chemicals Sales Machinery Sales Electrical Equipment Manufacturing Machinery Manufacturing Primary Metals Manufacturing

Major Cities

Lincoln, Omaha

GDP

Total Gross Domestic Product (USD Millions) $80,093.00 (2007)
Per Capita Real GDP (USD)$37,075.00 Rank: 21 (2007)

Population Stats

Population 1,783,432 Rank: 38 (2008)

Age Distribution

Under 18 Population450,242
Under 18 Percent of Total Population26%
65 and older Population232,195
65 and older Percent of Total Population14%

Gender Distribution

Male Population49.3%
Female Population50.7%
Non-English Speaker (at home)97,517
Net International Immigration22,199
Birth Rate15.1%
Percent of People Under Poverty Level10.9%
Rank38

Expenditure

Per Capita State Spending$9,574
Rank24
Energy Expenditures per Person$4,044
Expenditures of State and Local Government Employee-Retirement Systems$409,454

Revenue

Personal Income$38,316
Rank23
State Internal Revenue Collection$19,043,258
Rank34
Cash and Deposits by State Government$27,827
Per Capita State Tax Collection$2,252
Rank25

Education

High School Graduation Rate82.2%
Rank4
Percent of Population with a Bachelor's Degree18.7%
Rank15
Percent of Population with an Advanced Degree8.5%
Rank29

Largest Universities

Creighton University University of Nebraska, Lincoln University of Nebraska, Omaha
High School Graduation Rate82.2%

Logistics

Public Road Length (Mile)93,379
Gas Tax Rate (%)27.1%
Highway Planning and Construction (USD Thousands)243,429
Number of Public Airports86

Main Airports

OMA: Omaha

Ports

Weather


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State Business Links

Omaha World Herald
http://www.omaha.com

Secretary of State

Nebraska Secretary of Stat
http://www.sos.state.ne.us
This website offers a wealth of useful business information and services. Find information about records management, international relations, rules and regulations, licensing, and other business services. Services include searchable corporate databases, UCC searches, and more.

Small Business Administration

Top 10 Business Links

Nebraska Business Development Center
http://nbdc.unomaha.edu/
NBDC provides assistance to entrepreneurs and small business owners throughout Nebraska. NBDC offers workshops, consulting, and training in the areas of small business development, procurement technical assistance, management and technology solutions, pollution prevention and environmental compliance, and innovation venture services.
Nebraska Department of Economic Development
http://www.neded.org/
This site provides a wealth of useful information to entrepreneurs, such as information on starting, expanding, and relocation a business, as well as information on financing, incentives, international business and much more. Information on select targeted industries is also provided.
Nebraska Department of Revenue
http://www.revenue.ne.gov/business/bus_regist.html
This site offers a variety of business information guides, various tax and other forms, business registration information, and other business services.
The Nebraska Databook
http://www.neded.org/content/view/436/717/
This page provides statistics in a wide variety of categories, such as history, government, geography, health, finances, population, and much more.
U.S. and Nebraska Trade Summaries
http://www.neded.org/content/view/81/578/
This page provides statistics specifically related to international trade, such as exports or foreign direct investment.
U.S. Export Assistance Center of Nebraska
http://www.buyusa.gov/nebraska/
The Nebraska branch of the Department of Commerce specializes in helping small to medium sized companies develop and execute exporting strategies. Fees vary and are based on the service being provided. A list of upcoming events and a newsletter are provided free.
University of Nebraska-Lincoln: Bureau of Business Research
http://www.bbr.unl.edu/
This site offers various business reports on specific Nebraska business topics. Reports are in areas such as economic competitiveness, economic modeling and forecasting, labor market analysis, fiscal analysis, and policy analysis. There are also publications put out every year about general business in Nebraska, often three or more per year.

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