Ottawa, MN is a small town located in Minnesota with a population between 1,000-2,500 people. The cost of living in Ottawa is below average as rent for a two bedroom apartment costs $880 compared to the US average of $1,430. Additionally, grocery costs are lower with an index score of 98 versus 100 in the US. Ottawa is home to many local businesses such as Northfield Bank, Paul's Auto Repair and K&K Market & Meat Processing so residents can shop local and save money. All these factors make Ottawa a great place to live.
Ottawa has an unemployment rate of 6.8%. The US average is 6.0%.
Ottawa 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Ottawa
- The Sales Tax Rate for Ottawa is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ottawa 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 Ottawa
- The average income of a Ottawa resident is $30,310 a year. The US average is $28,555 a year.
- The Median household income of a Ottawa resident is $85,625 a year. The US average is $69,021 a year.