Oscoda County, MI Economy


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United States / Michigan / No Metro Area / Oscoda County / Cities / Zip Codes
Oscoda, MI County is a small community located in Michigan. The cost of living in the county is relatively affordable, with two bedroom rental prices being around $830, versus the US average of $1,430. Grocery costs are also lower, with an index of 91 compared to the US average of 100. With this affordability, Oscoda County has become a great place to live for people looking to relocate. Local companies offer many opportunities for employment and economic activities within the county. Oscoda County is home to a number of businesses including Oscoda Plastics, Indelco Plastics Corporation, and Newaygo Casting Company. These companies provide jobs for locals and contribute to the local economy by providing goods and services. Additionally, there are many recreational activities available in the area such as hiking trails, fishing spots, ski resorts and more that attract visitors from all over who come looking for adventure or simply to relax. With its affordability and variety of activities available in the area, Oscoda County is an ideal place for those who are looking to settle down or just take a break from their busy lives.

Oscoda County has an unemployment rate of 8.3%. The US average is 6.0%.

Oscoda County has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Oscoda County
- The Sales Tax Rate for Oscoda County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oscoda County is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oscoda County
- The average income of a Oscoda County resident is $18,611 a year. The US average is $28,555 a year.
- The Median household income of a Oscoda County resident is $45,659 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOscoda, MichiganUnited States
  8.36
  -7.9%-6.2%
  27.0%33.5%
  6.0%6.2%
  4.3%4.6%
  $25,425$37,638
  $45,659$69,021
  $54,823$85,028
  Population by Occupation
  4.8%1.2%
  0.3%0.5%
  7.5%6.8%
  20.7%10.0%
  2.2%2.5%
  10.3%11.0%
  4.5%4.8%
  0.8%0.8%
  0.8%1.9%
  2.0%4.7%
  1.0%1.9%
  2.7%7.6%
  0.0%0.1%
  1.3%4.2%
  7.5%9.3%
  9.9%14.0%
  4.1%2.1%
  12.5%7.0%
  3.0%4.8%
  4.0%4.7%
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