Ocheyedan, IA (zip code 51354) is a small rural community located in Osceola County, Iowa. The population of Ocheyedan is estimated to be around 500 people. The average rent for a two-bedroom apartment in Ocheyedan is $770 per month which is significantly lower than the national average of $1,430. The grocery cost index in Ocheyedan is 92 versus 100 in the US, making it an affordable place to live. There are several local businesses including John C Goodenow Grocery Store, Country Mart Grocery Store, Ocheyedan Veterinary Clinic and F & M Bank. In addition to these businesses there are several churches as well as a restaurant and bar called the Red Barn Cafe. Overall, Ocheyedan offers an affordable cost of living with plenty of opportunity for small business owners.
Ocheyedan (zip 51354) has an unemployment rate of 2.7%. The US average is 6.0%.
Ocheyedan (zip 51354) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Ocheyedan (zip 51354)
- The Sales Tax Rate for Ocheyedan (zip 51354) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ocheyedan (zip 51354) 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 Ocheyedan (zip 51354)
- The average income of a Ocheyedan (zip 51354) resident is $26,563 a year. The US average is $28,555 a year.
- The Median household income of a Ocheyedan (zip 51354) resident is $67,014 a year. The US average is $69,021 a year.