Osceola, IA is a small town located in Clarke County with a population of 5,000 people. It is known for its rural charm and friendly community. Osceola has a low cost of living compared to the US average; the 2-bedroom rent is $1,060, which is around $370 lower than the US average. The grocery cost index is 94 versus 100 in the US which shows that groceries are quite affordable in this town. Local businesses include White Oak Antiques, Uncle John's Trading Post, The Dutch Oven Bakery & Café, and Ernie's Country Store. There are also many recreational activities in Osceola that appeal to locals and visitors alike such as fishing at Lake Ponderosa or hiking through Craighead Park. All these qualities make Osceola an attractive place to visit or live.
Osceola has an unemployment rate of 4.8%. The US average is 6.0%.
Osceola has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Osceola
- The Sales Tax Rate for Osceola is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Osceola is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Osceola
- The average income of a Osceola resident is $22,454 a year. The US average is $28,555 a year.
- The Median household income of a Osceola resident is $55,149 a year. The US average is $69,021 a year.