Otis, North Dakota 

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Economy in Otis, North Dakota

Otis has an unemployment rate of 2.9%. The US average is 3.7%.

Otis has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Otis
- The Sales Tax Rate for Otis is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Otis is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Otis
- The average income of a Otis resident is $48,115 a year. The US average is $28,555 a year.
- The Median household income of a Otis resident is $110,893 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYOtis, North DakotaUnited States
  2.9%3.7%
  -2.5%1.6%
  28.5%33.5%
  5.0%6.2%
  2.0%4.6%
  $42,459$31,177
  $105,536$57,652
  $115,089$70,850
  POPULATION BY OCCUPATION
  20.5%1.3%
  0.0%0.6%
  0.0%6.2%
  17.9%10.4%
  0.0%2.7%
  28.2%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  0.0%4.7%
Real estate, rental, leasing0.0%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    ZIP CODES IN OTIS, NORTH DAKOTA
    58778


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