Osakis township, MN is a great place to live and work due to its affordable housing and cost of living. The average rent for a two-bedroom apartment in Osakis township is $980 which is much lower than the US median rent of $1,430. In addition, the Grocery Cost Index in Osakis township is 98 versus 100 in the US making it an even more attractive place to live. There are many local businesses that offer goods and services including M&M Market which sells groceries, DRS Hardware which specializes in home improvement items, and Auto Parts Plus which provides automotive parts and supplies. Other popular businesses include Kelly's Clothing Store for apparel, Miller's Bakery for delicious baked goods, and S&S Repair Services offering vehicle repairs. Osakis township has something to meet everyone’s needs.
Osakis township has an unemployment rate of 4.1%. The US average is 6.0%.
Osakis township has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Osakis township
- The Sales Tax Rate for Osakis township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Osakis township 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 Osakis township
- The average income of a Osakis township resident is $23,397 a year. The US average is $28,555 a year.
- The Median household income of a Osakis township resident is $68,750 a year. The US average is $69,021 a year.