Economy in Nebraska

GDP, income, output and the industries that drive the economy.

Real GDP (chained 2017 dollars)
$156,607,000,000
2025 · BEA
Real GDP growth
1.3%
2025 · Annual % change in BEA real GDP
Per capita personal income
$76,055
2025 · BEA
Median household income (CPS)
$100,600
2025 · Census CPS ASEC
Poverty rate, all ages (SAIPE)
10.6%
2024 · Census Small Area Income and Poverty Estimates
CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
Nominal GDP (current dollars)
$206,616,000,000
2025 · BEA
Government jobs
179,225
2025 · BLS Current Employment Statistics

GDP

Nebraska produced about $182 billion in output in 2023, based on agriculture, food processing, insurance and rail freight.

Real GDP (chained 2017 dollars)
$156,607,000,000
2025 · BEA
Rank
33rd
Share of U.S. GDP
0.6%

Real GDP (chained 2017 dollars)

1997–2025
$156,607,000,000▲ 112%

BEA, chained 2017 dollars (FRED NERGSP).

IndicatorNebraskaU.S.
GDP (USD B)18229200
  • •Berkshire Hathaway, one of the world’s largest companies, is headquartered in Omaha.
  • •Nebraska is a leading U.S. producer of beef and corn.

GDP Growth

Nebraska's real GDP grew about 2.3% in 2023, roughly in line with the national growth rate.

Real GDP growth
1.3%
2025 · Annual % change in BEA real GDP
Real GDP Growth
2.3%
2023

Real GDP growth

1998–2025
1.3%

Annual % change in BEA real GDP (NERGSP).

IndicatorNebraskaU.S.
Real GDP Growth (%)2.32.5
  • •Agriculture and food processing remain especially large contributors to Nebraska's economic growth.

Personal Income

Total personal income in Nebraska reached about $130 billion in 2023, with per capita personal income near $65,000.

Per capita personal income
$76,055
2025 · BEA
Per Capita Personal Income
$65,000
2023

Per capita personal income

1970–2025
$76,055▲ 1852%

BEA, current dollars (FRED NEPCPI).

IndicatorNebraskaU.S.
Per Capita Personal Income6500065423
  • •Nebraska's per capita income is close to the national average despite its much lower cost of living.

Median Household Income

Median household income in Nebraska is about $71,722, slightly below the national median but paired with low living costs.

Median household income (CPS)
$100,600
2025 · Census CPS ASEC
Median household income
$71,722
Rank
25th
U.S. median
$78,538

Median household income (CPS)

1984–2025
$100,600▲ 370%

Census CPS ASEC, current dollars (FRED MEHOINUSNEA646N).

IndicatorNebraskaU.S.
Median household income (USD)7172278538

Poverty Rate

Nebraska's poverty rate is about 10.6%, below the national rate of roughly 12.5%.

Poverty rate, all ages (SAIPE)
10.6%
2024 · Census Small Area Income and Poverty Estimates
Poverty Rate
10.6%
2023

Poverty rate, all ages (SAIPE)

1989–2024
10.6%

Census Small Area Income and Poverty Estimates (FRED PPAANE31000A156NCEN).

IndicatorNebraskaU.S.
Poverty Rate (%)10.612.5
  • •Nebraska consistently posts one of the lowest poverty rates among Midwestern states.

Inflation

Midwest consumer prices covering Nebraska rose about 2.6% year over year.

CPI inflation, U.S.
2.9%
2024 · BLS CPI-U U.S. city average
CPI inflation, Midwest region
2.8%
2025 · BLS CPI-U all items
CPI change (YoY)
2.6%
U.S. CPI change
2.9%
Year
2024

CPI inflation, U.S.

2007–2024
2.9%

BLS CPI-U U.S. city average, annual average change (CPIAUCNS).

CPI inflation, Midwest region

2007–2025
2.8%

BLS CPI-U all items, Midwest region, annual average change (CUUR0200SA0).

IndicatorNebraskaU.S.
Inflation (%)2.62.9

Economic Output

Nebraska's economy produced roughly $182 billion in real GDP in 2023, driven by agriculture, food processing, insurance and transportation.

Nominal GDP (current dollars)
$206,616,000,000
2025 · BEA
GDP Growth Rate
2.3%
2023

Nominal GDP (current dollars)

1997–2025
$206,616,000,000▲ 314%

BEA, current dollars (FRED NENGSP).

IndicatorNebraskaU.S.
GDP Growth Rate (%)2.32.5
  • •Nebraska is home to major corporate headquarters including Berkshire Hathaway, Union Pacific and Mutual of Omaha.

Industry Breakdown

Nebraska's economy is led by agriculture, finance/insurance, and transportation/logistics, with Omaha serving as a major insurance and rail hub.

Government jobs
179,225
2025 · BLS Current Employment Statistics
Manufacturing jobs
102,625
2025 · BLS Current Employment Statistics
Agriculture Share of GDP
~9%
2023
Finance & Insurance Share
~10%
2023

Government jobs

1990–2025
179,225▲ 25%

BLS Current Employment Statistics, annual average (FRED NEGOVT).

Manufacturing jobs

1990–2025
102,625▲ 5%

BLS Current Employment Statistics, annual average (FRED NEMFG).

  • •Omaha is one of the largest insurance industry hubs in the country, home to Mutual of Omaha and Berkshire Hathaway.

More figures

GDP
$174 B
37th in the U.S.
GDP per capita
$86,900
Unemployment rate
2.9%
2024
Median annual wage
$47,800
Agricultural exports
≈ $8.5 B/yr
Leading sectors
Agriculture, insurance, rail transport & food processing