Omaha, Nebraska Overview Known as the "Gateway to the West," Omaha, Nebraska is home to more than 434,000 people, five ...
Omaha, Nebraska Overview
Known as the "Gateway to the West," Omaha, Nebraska is home to more than 434,000 people, five Fortune 500 companies, five Fortune 1000 companies and 11 colleges and universities. Omaha is neither too big nor too small, and its diversified economy makes it a great place to live and work. In fact, Forbes ranked Omaha 25th on its list of the best cities for business and careers in the country. The city abounds with quaint historic structures and districts listed on the National Register of Historic Places. The downtown area is also ideal for walking, with the streets peppered with restaurants, pubs and shops.
According to Forbes, the cost of living in Omaha is 6.5 percent below the national average. The median home price is $144,500, and the median household income is $55,057. In the last year, the average household income for Omahans dropped by 0.2 percent.
Omaha Job Opportunities
Government, health care, finance, and retail are the four largest drivers of jobs in Omaha, NE. The top employer in the city is the University of Nebraska Medical Center, which employs 10,600 employees in various health care jobs in Omaha. Offutt Air Force Base is the second largest employer in Omaha, employing almost 10,000 people. Next is Alegent Creighton Health, which employs more than 9,700 people as physicians, nurses and in other medical and administrative capacities. The Omaha Public School system also employs almost 8,000 people in a number of education jobs in Omaha.
Major employer for Omaha jobs in the financial sector include First Data Corp. and First National of Nebraska, each of which employs between 2,500 and 5,000 people, according to the Omaha Chamber of Commerce. In the retail sector, Walmart and Hy-Vee grocery stores contribute the most Omaha, NE jobs, with each chain employing between 2,500 and 5,000 people.
Omaha Employment Trends
As of July 2014, Omaha had an unemployment rate of 4.4 percent, which is lower than the national average of 5.9 percent but higher than the Nebraska average of 3.6 percent. Those seeking Omaha jobs may choose to expand their searches to surrounding cities that have lower unemployment rates. For example, candidates might look for jobs in Bellevue, which has a four percent unemployment rate. Last year, Omaha saw job growth of 1.4 percent and is expected to experience job growth of 2.8 percent this year. Forbes ranks the city 55th on its list of the best cities for job growth in the U.S.