Osceola, NE is a small town with a population of just over 700 people. It is located in the beautiful Nebraska countryside, offering easy access to nature and an abundance of outdoor activities. The cost of living in Osceola is quite low compared to the national average, with the 2 bedroom rent being $820 compared to the US at $1,430. In addition, groceries are much cheaper with an index of 94 compared to 100 in the US. This makes it a great place for families on a budget.
The local economy in Osceola revolves around agriculture and tourism. Popular attractions include the bird sanctuary and golf course, as well as several nearby lakes such as Lake Maloney and Johnson Lake. Businesses include small family-run shops such as Shelly’s Country Store and Joe’s Bar & Grill which offer locals a variety of goods and services. Other amenities in town include banks, hardware stores, churches, schools, parks, and other essential services.
Osceola has an unemployment rate of 2.0%. The US average is 6.0%.
Osceola 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 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Osceola
- The Sales Tax Rate for Osceola is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Osceola is 6.8%. 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 $27,865 a year. The US average is $28,555 a year.
- The Median household income of a Osceola resident is $74,444 a year. The US average is $69,021 a year.