51044 Oto, IA is a small rural town located in the state of Iowa. It has a population of just over 400 people and is situated in the Sioux City metropolitan area. The two bedroom rent in Oto is $800, which is considerably less than the US average of $1,430. Additionally, the grocery cost index for Oto is 94 which is slightly lower than that of the US which is 100. There are several local businesses in Oto such as Hansen Auto Body and Carpet Corner Flooring Center who offer services related to auto repair and carpets respectively. Other local businesses include The Country Inn & Suites Sioux City and B-B Quality Meats which are known for their hospitality and high quality meats respectively.
Oto (zip 51044) has an unemployment rate of 4.5%. The US average is 6.0%.
Oto (zip 51044) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Oto (zip 51044)
- The Sales Tax Rate for Oto (zip 51044) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oto (zip 51044) 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 Oto (zip 51044)
- The average income of a Oto (zip 51044) resident is $31,531 a year. The US average is $37,638 a year.
- The Median household income of a Oto (zip 51044) resident is $65,625 a year. The US average is $69,021 a year.