Osceola, MN is a small town located in the northern part of the state. It offers many amenities that are attractive to those looking to relocate including affordable rent and low grocery cost index. Rent for two-bedroom apartments in Osceola is $820 compared to the national average of $1,430. Grocery costs in Osceola are also significantly lower than the national average at 95 versus 100. There are many local businesses situated in Osceola such as BK Electric Co, an electrical contractor; Sunnyside Greenhouse & Garden Center; The Outpost Bar & Grill; and Dreamers Inn Bed & Breakfast.
Osceola has an unemployment rate of 5.9%. The US average is 6.0%.
Osceola has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Osceola
- The Sales Tax Rate for Osceola is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Osceola 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 Osceola
- The average income of a Osceola resident is $44,403 a year. The US average is $37,638 a year.
- The Median household income of a Osceola resident is $73,750 a year. The US average is $69,021 a year.