Osage, IA Economy


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United States / Iowa / No Metro Area / Mitchell County / Osage / Zip Codes
Osage, IA is a charming small town located in Northern Iowa. It is known for its friendly people, peaceful atmosphere and excellent school system. The average two bedroom rental cost in Osage is $780, which is much lower than the US average of $1,430. Additionally, grocery costs in Osage are 95 on a national index versus 100 in the US. This makes Osage an attractive destination for those looking for a more affordable place to live and work.
Osage has a number of local businesses and industries that provide employment for the community, such as Osage Mutual Insurance Company and Mertz Lumber Company. There are also a number of agricultural companies, such as All-in Farms and Harms Farms & Feed Supply, that produce goods for local markets. These businesses have an important role in helping keep life in Osage vibrant and prosperous.

Osage has an unemployment rate of 3.4%. The US average is 6.0%.

Osage has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Osage
- The Sales Tax Rate for Osage is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Osage is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Osage
- The average income of a Osage resident is $24,280 a year. The US average is $28,555 a year.
- The Median household income of a Osage resident is $53,777 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOsage, IowaUnited States
  3.46
  -12.6%-6.2%
  37.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $31,766$37,638
  $53,777$69,021
  $68,659$85,028
  Population by Occupation
  2.1%1.2%
  0.7%0.5%
  9.1%6.8%
  25.0%10.0%
  1.7%2.5%
  6.9%11.0%
  1.8%4.8%
  0.0%0.8%
  2.3%1.9%
  6.1%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  2.2%4.2%
  7.1%9.3%
  15.2%14.0%
  2.4%2.1%
  7.4%7.0%
  5.7%4.8%
  1.1%4.7%
Reviews for Osage
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Over 11 years ago

I was born and raised in Osage and the surrounding farm community. Osage is a very friendly place to live, and with only about 3000 people it is a very intimate  More

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