Ossian is a small town in Indiana with a population of around 3,500 people. The city is known for its low cost of living, as evidenced by the 2 bedroom rental price of just $900 compared to the US average which is $1,430. This low cost of living can also be seen in the grocery cost index, which stands at 93 in Ossian compared to 100 in the US. Some local companies and businesses include K&K Supplies Inc., M & D Lawn Care Services, and Top Gun Sprinklers Inc. There are also many restaurants, cafes and bars that offer residents and visitors delicious food options such as La Paz Mexican Grill, Ole Homestead Restaurant and Barley Island Brewing Company.
Ossian has an unemployment rate of 3.4%. The US average is 6.0%.
Ossian has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Ossian
- The Sales Tax Rate for Ossian is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ossian is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ossian
- The average income of a Ossian resident is $20,316 a year. The US average is $28,555 a year.
- The Median household income of a Ossian resident is $52,170 a year. The US average is $69,021 a year.