OMAHA'S ECONOMIC PULSE: CURRENT DATA ON JOBS, GROWTH, AND DEVELOPMENT

Stay Informed with the Latest Economic Insights

Omaha’s economy is on the move, and we’re tracking every step. Explore our monthly reports for up-to-date data on jobs, workforce trends, industry performance, and economic development across the region.

Business leaders, entrepreneurs and site selectors use these insights to get a clear picture of the opportunities and momentum driving Greater Omaha forward.

Greater Omaha Building Permit Data

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Omaha’s Economic Drivers:
A Diverse Mix of Industries Fuels Our Economy

$68 billion+
— Goods and services produced each year in Greater Omaha

21.1%
— Growth in finance and insurance industries, outpacing the national average of 3.4%

18.8%
— Growth in manufacturing, outpacing the national average of 4.2%

30.6%
— Growth in professional and business services, outpacing the national average of 25.1%

34.5%
— Explosive growth in the information industry in the past five years1

7% less
— Cost of doing business compared to the national average2

Driven to Succeed:
New Job Growth and a Workforce That Exceeds Expectations

Greater Omaha has added almost 26,000 jobs3 since 2020. Our population not only possesses the education and qualities employers are looking for, but also encompasses the Midwest work ethic — simply part of the fabric of our region.

Omaha’s population of more than 1 million4 is characterized by steady growth, and the total population within a 60-minute drive of Omaha is 1.4 million5.

Our low cost of living and competitive wages create a spending power of $75,033, which is 7.5% above the nation’s average of $69,8106.

With a diverse cultural makeup, ethnic minorities comprise 14.6% of our population including a Hispanic populace of 12.1%.7

Omaha attracts young and talented workers ready to ignite their career: 34.1% of our population is 24 years of age or younger and a median age: 36.68

Top Omaha Employers — Fortune 500 and Beyond

Fortune 500

#6 – Berkshire Hathaway
#177 – Union Pacific
#247 – Kiewit
#299 – Mutual of Omaha

Fortune 1000

#768 – Valmont Industries
#879 – First National of Nebraska
#906 – Werner Enterprises

Sources

  1. U.S Bureau of Economic Analysis, Real GDP by Metro Area by Industry, 2019-2023
  2. Dr. Eric Thompson, University of Nebraska-Lincoln, 2023 Barometer
  3. U.S. Bureau of Labor Statistics, LAUS, 2020-2024
  4. U.S. Census, Population Division, “Annual Estimates of the Resident Population, April 1, 2020 to July 1, 2024”
  5. JobsEQ
  6. U.S. Bureau of Economic Analysis, “Personal Income Summary: Personal Income, Population, Per Capita Personal Income”, 2023
  7. U.S. Census, ACS 2019-2023 5-Year Estimates, “Table DP05: Demographic and Housing Estimates”
  8. U.S. Census, ACS 2019-2023 5-Year Estimates, “Table DP05: Demographic and Housing Estimates”