52161 Ossian, IA is a small town with a population of around 1,000 people. It is known for its rural charm and close proximity to the nearby city of Decorah. The 2 Bedroom Rent in Ossian is much lower than the national average at $820 compared to the US 2 Bedroom Rent of $1,430. Additionally, groceries are also more affordable in this area with the Grocery Cost Index being 96 versus 100 in the US.
The town has several businesses including Nutrien Ag Solutions which provides agricultural products and services such as seed and fertilizer to farmers in the area. Another local business found in Ossian is Troester electric which specializes in residential and commercial electrical contracting services. Finally, there is Clay’s Treasures which offers antiques along with unique gifts and decor items for sale.
Ossian (zip 52161) has an unemployment rate of 5.3%. The US average is 6.0%.
Ossian (zip 52161) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Ossian (zip 52161)
- The Sales Tax Rate for Ossian (zip 52161) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ossian (zip 52161) 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 Ossian (zip 52161)
- The average income of a Ossian (zip 52161) resident is $25,710 a year. The US average is $28,555 a year.
- The Median household income of a Ossian (zip 52161) resident is $67,283 a year. The US average is $69,021 a year.