LINCOLN, Neb., September 25, 2026 — Nebraskans’ savings are roughly double the national average, according to a Federal Reserve Bank of Kansas City report highlighted by Governor Jim Pillen’s office in a news release distributed from Lincoln. The bottom line from the governor’s office: Nebraska has consistently ranked among the states with the highest savings rates in the country, and the Pillen administration is framing that as evidence of the state’s economic resilience and growth.
The release attributes Nebraska’s elevated savings levels in part to strong income growth, which it says has contributed to higher savings and greater financial stability for Nebraska families. The report states that “strong income growth has positioned Nebraska households to weather the pressures better than many other places.” Nationally, the release says, households have faced increased costs and reduced savings over the past several years.
In Nebraska, income growth has exceeded the rate of consumption — a trend the release describes as having persisted for a number of years, including during the pandemic. The report also indicates that Nebraska’s higher savings rates have made down payments more attainable than in the rest of the country, particularly for first-time home buyers.
Pillen’s pitch
Governor Pillen, in a statement included in the release, said: “When we say Nebraska is open for business, this is another indicator of what we have to offer. Nebraska’s economic strength continues to make it the best place in the country to live, work, and raise a family.” The release was issued by the Governor’s Office at 1445 K Street in Lincoln, with a mailing address of PO Box 94848, Lincoln, NE 68509-4848, and a contact phone number of 402-471-2244.
The media contact listed is Laura Strimple, reachable at (402) 580-9495. The release directs readers to view the complete report, though it does not specify the report’s exact publication date or title beyond identifying it as analysis published by the Federal Reserve Bank of Kansas City.
The release does not quantify the precise savings rate figures for Nebraska or the national average, nor does it provide the specific time period covered by the analysis.
What to watch
The Federal Reserve Bank of Kansas City is one of the twelve regional Federal Reserve Banks in the United States and serves a district that includes Nebraska, Kansas, Oklahoma, Wyoming, Colorado, and northern New Mexico. Investors will note that the release offers no hard numbers — the figure that matters, the actual savings rate gap, remains unpublished in the governor’s office summary. The complete report is the next place to look for the underlying data.
