Oscar, MN Economy


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Oscar, MN is a charming small town located in North East Minnesota. It offers affordable living with two bedroom rent at $850 compared to the US average of $1,430 for two bedrooms. The Grocery Cost Index in Oscar, MN is 95 so groceries are cheaper than they are on average in the US. There are many local companies and businesses such as J&M Auto Body, Sauer Bakery, and Little Falls Manufacturing. 26 students attend Oscar Elementary School while the nearest High School is about 24 miles away. Tourists and locals alike can enjoy exploring Beaver Creek Park or Stearns History Museum for some outdoor recreation and interactive learning experiences.

Oscar has an unemployment rate of 5.3%. The US average is 6.0%.

Oscar 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 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Oscar
- The Sales Tax Rate for Oscar is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Oscar 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 Oscar
- The average income of a Oscar resident is $30,277 a year. The US average is $28,555 a year.
- The Median household income of a Oscar resident is $84,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOscar, MinnesotaUnited States
  5.36
  -1.0%-6.2%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $32,196$37,638
  $84,375$69,021
  $81,250$85,028
  Population by Occupation
  10.4%1.2%
  0.0%0.5%
  6.6%6.8%
  3.8%10.0%
  0.9%2.5%
  4.7%11.0%
  1.9%4.8%
  11.3%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  0.9%4.2%
  16.0%9.3%
  14.2%14.0%
  1.9%2.1%
  5.7%7.0%
  5.7%4.8%
  8.5%4.7%
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