Osnabrock, ND is a small town located in the Midwest of the United States. The town offers a low cost of living with an average 2 bedroom rent of $770 compared to the national average of $1,430. Furthermore, residents in Osnabrock enjoy cheap grocery prices as the Grocery Cost Index for this area is 90, as opposed to 100 nationwide. \nThe local economy is based on small businesses and family-owned establishments. Popular companies include Osnabrock Painting Company, Wilson's Auto Repair Service, and Nelson's Butcher Shop. There are also several health care centers such as Osnabrock Medical Center and Pharmacy. Residents can find recreational activities at community parks like Moore Park and Fisher Park or take part in cultural events like the annual Summer Festival.
Osnabrock has an unemployment rate of 3.9%. The US average is 6.0%.
Osnabrock has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Osnabrock
- The Sales Tax Rate for Osnabrock is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Osnabrock is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Osnabrock
- The average income of a Osnabrock resident is $46,396 a year. The US average is $28,555 a year.
- The Median household income of a Osnabrock resident is $32,813 a year. The US average is $69,021 a year.