Osgood, IN is a small town in the Midwest that is known for its affordability. The town has an average two-bedroom rent of $860 which is significantly lower than the national average of $1,430. Furthermore, groceries cost five percent less in Osgood compared to the US average. This makes Osgood an attractive place to live for those who want to save money on living expenses. There are many local companies that contribute to the economy of Osgood. For example, Little Arvin Inc provides auto services while Meisberger Plumbing offers plumbing solutions. Another business in the area is Backyard Vibes which specializes in outdoor furniture and accessories. All these businesses help make Osgood a vibrant community with plenty of economic opportunities.
Osgood has an unemployment rate of 3.9%. The US average is 6.0%.
Osgood has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Osgood
- The Sales Tax Rate for Osgood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Osgood is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Osgood
- The average income of a Osgood resident is $18,046 a year. The US average is $28,555 a year.
- The Median household income of a Osgood resident is $46,821 a year. The US average is $69,021 a year.