Otho, Iowa (50569) is a small town situated in Webster County with an estimated population of 358. The median 2 bedroom rent in Otho is $800, considerably lower than the US median of $1,430. When it comes to grocery costs, the index for Otho is 91 compared to 100 for the nation as a whole. \nThere are many local businesses that call Otho home. For example, J&F Carpentry provides residential and commercial building services; G&G Salon offers hair styling and beauty treatments; Losinger Construction specializes in agricultural buildings; and Kempker's Repair works on general repairs of all types. Additionally, there are small retail stores like Best Little Boutique and Expressions Unique Boutique. With such an array of services available within walking distance or a short drive away, residents of Otho can conveniently shop local.
Otho (zip 50569) has an unemployment rate of 4.7%. The US average is 6.0%.
Otho (zip 50569) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Otho (zip 50569)
- The Sales Tax Rate for Otho (zip 50569) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Otho (zip 50569) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Otho (zip 50569)
- The average income of a Otho (zip 50569) resident is $22,787 a year. The US average is $28,555 a year.
- The Median household income of a Otho (zip 50569) resident is $56,250 a year. The US average is $69,021 a year.