Osseo, MN Economy


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Osseo, MN is a great place to live and work. It's a growing community with many excellent local businesses, including Osseo Pharmacy, Osseo Hardware & Supply Co., and Osseo Family Dental. The cost of living in Osseo is higher than the U.S. average, with two-bedroom rent costing an average of $1,800 per month versus an average of $1,430 in the U.S. Additionally, groceries tend to be more expensive in Osseo with an index score of 102 compared to 100 nationally. Despite the higher cost of living in Osseo, residents enjoy easy access to local amenities like parks and restaurants as well as easy commutes into nearby cities like Minneapolis.

Osseo has an unemployment rate of 4.2%. The US average is 6.0%.

Osseo has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Osseo
- The Sales Tax Rate for Osseo is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Osseo 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 Osseo
- The average income of a Osseo resident is $27,128 a year. The US average is $28,555 a year.
- The Median household income of a Osseo resident is $63,317 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOsseo, MinnesotaUnited States
  4.26
  -3.6%-6.2%
  36.9%33.5%
  7.5%6.2%
  7.1%4.6%
  $40,482$37,638
  $63,317$69,021
  $92,500$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  4.2%6.8%
  13.3%10.0%
  3.3%2.5%
  14.7%11.0%
  5.2%4.8%
  0.0%0.8%
  1.0%1.9%
  4.4%4.7%
  0.6%1.9%
  5.0%7.6%
  0.0%0.1%
  9.1%4.2%
  6.8%9.3%
  20.7%14.0%
  0.8%2.1%
  5.5%7.0%
  3.2%4.8%
  1.3%4.7%
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