North Platte’s potential economic growth

Published: Apr. 2, 2021 at 5:26 PM CDT
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NORTH PLATTE, Neb. (KNOP) -The average salary in North Platte is projected to increase to roughly $50,000 a year based on the wages from the Sustainable Beef LLC. Currently, the median household income sits around $49,000 a year. The median individual income is around $25,000. Based on the 2020 Census, it is reported that the average salary in the state is $61,00 and in the nation, it is $94,00 per year.

“From a rural Nebraska standpoint, it still fairly decent wages, in compared to some of our neighbors,” said Gary Pearson President, CEO of North Platte Chamber of Commerce. “We have good base employers here with the railroad, hospital, Walmart distribution center along with all the banks in town. We are fortunate in that regard.

A few weeks ago, a meat processing center proposed to add a facility in North Platte. Jobs from the sustainable beef project could help the average salary increase in our community.

“When you have production workers being able to make $50,000 salary and they have people in semi-management positions that could be made higher than that. That’s really going to help,” said Pearson.

The growing number of jobs could increase the population in North Platte. People relocating for various job opportunities may help strengthen the economy.

“This will allow us to address additional housing issues in town,” said Pearson. “If additional families come, they are going to help fill those support jobs in the service sector and tourism industry. It is really going to have a ripple effect in our community.”

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