GDP
Nebraska produced about $182 billion in output in 2023, based on agriculture, food processing, insurance and rail freight.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED NERGSP).
| Indicator | Nebraska | U.S. |
|---|---|---|
| GDP (USD B) | 182 | 29200 |
- •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
1998–2025Annual % change in BEA real GDP (NERGSP).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Real GDP Growth (%) | 2.3 | 2.5 |
- •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
1970–2025BEA, current dollars (FRED NEPCPI).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Per Capita Personal Income | 65000 | 65423 |
- •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)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSNEA646N).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Median household income (USD) | 71722 | 78538 |
Poverty Rate
Nebraska's poverty rate is about 10.6%, below the national rate of roughly 12.5%.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAANE31000A156NCEN).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Poverty Rate (%) | 10.6 | 12.5 |
- •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.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, Midwest region
2007–2025BLS CPI-U all items, Midwest region, annual average change (CUUR0200SA0).
| Indicator | Nebraska | U.S. |
|---|---|---|
| Inflation (%) | 2.6 | 2.9 |
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)
1997–2025BEA, current dollars (FRED NENGSP).
| Indicator | Nebraska | U.S. |
|---|---|---|
| GDP Growth Rate (%) | 2.3 | 2.5 |
- •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
1990–2025BLS Current Employment Statistics, annual average (FRED NEGOVT).
Manufacturing jobs
1990–2025BLS 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.
