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Oto, IA Economy
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Sioux City Metro Area
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Woodbury County
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Oto, IA is a small town in Iowa with an affordable cost of living. The two bedroom rent for the area is $820, compared to the national average of $1,430. Additionally, the Grocery Cost Index in Oto is 94 versus 100 in the US. There are many local businesses that make up Oto's economy such as Oto Junction Cafe, Oto Family Pharmacy and Oto Auto Parts Store & Repair Shop. These businesses provide essential services to the community of Oto and its surrounding areas.
Income by Population Percent
Economy
Oto, Iowa
United States
Unemployment Rate
4.5
6
Recent Job Growth
-6.1%
-6.2%
Future Job Growth
22.7%
33.5%
Sales Taxes
7.0%
6.2%
Income Tax
7.4%
4.6%
Income per Cap.
$17,277
$37,638
Household Income
69021
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