Onamia, MN Economy


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Onamia, MN is a small town located in Mille Lacs County, known for its abundance of lakes and its diverse geography. It's an ideal place to live due to its affordability and low cost of living. Rent for a two bedroom apartment is approximately $960, much lower than the nationwide average of $1,430. Groceries are also quite affordable with the cost index in Onamia being 96 versus 100 in the US. \nThe town is home to several businesses, such as B&B Sportfishing, Treats Ice Cream & Candy Shoppe, Quaintance Marine & Auto Repair Inc., and more recently Osakis Brewing Company. The city also offer great outdoor activities like camping at Father Hennepin State Park or fishing at Mille Lacs Lake. There is something for everyone to enjoy in Onamia!

Onamia has an unemployment rate of 7.9%. The US average is 6.0%.

Onamia has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.

Tax Rates for Onamia
- The Sales Tax Rate for Onamia is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Onamia is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Onamia
- The average income of a Onamia resident is $19,543 a year. The US average is $28,555 a year.
- The Median household income of a Onamia resident is $25,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOnamia, MinnesotaUnited States
  7.96
  -3.5%-6.2%
  31.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $19,368$37,638
  $25,972$69,021
  $44,609$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  2.5%6.8%
  20.1%10.0%
  1.1%2.5%
  7.0%11.0%
  1.4%4.8%
  0.0%0.8%
  0.7%1.9%
  1.1%4.7%
  0.7%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  10.2%9.3%
  24.3%14.0%
  11.3%2.1%
  6.3%7.0%
  2.8%4.8%
  7.7%4.7%
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