Ostrander, MN is a small town located in the southeastern part of the state. It has a variety of local businesses, including shops, restaurants, and services. The average 2-bedroom rent in Ostrander is much lower than the national average at just $1,160 versus $1,430. Additionally, the cost of groceries in Ostrander is also lower than the national average at 94 compared to 100. Popular businesses in Ostrander include Jacobson's Hardware Store, Main Street Market grocery store, Blue Ribbon Ice Cream Parlor, and Smith's Auto Repair. These companies provide great service to locals and visitors alike and are an integral part of the community.
Ostrander has an unemployment rate of 4.7%. The US average is 6.0%.
Ostrander has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Ostrander
- The Sales Tax Rate for Ostrander is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Ostrander 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 Ostrander
- The average income of a Ostrander resident is $23,077 a year. The US average is $28,555 a year.
- The Median household income of a Ostrander resident is $73,333 a year. The US average is $69,021 a year.