Ottumwa, Iowa is a community located in Wapello County with a population of just over 25,000. The city is home to many local companies such as Trinity Health Systems, Summit Products and Plastikon Industries. The average cost of two-bedroom rent in Ottumwa is quite affordable at $810 per month compared to the national figure of $1,430. Additionally, grocery costs in the area are lower than the US index with 92 points versus 100 nationally. Ottumwa offers its residents great opportunities for both work and living expenses all within a vibrant community.
Ottumwa (zip 52501) has an unemployment rate of 5.2%. The US average is 6.0%.
Ottumwa (zip 52501) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Ottumwa (zip 52501)
- The Sales Tax Rate for Ottumwa (zip 52501) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ottumwa (zip 52501) 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 Ottumwa (zip 52501)
- The average income of a Ottumwa (zip 52501) resident is $27,721 a year. The US average is $37,638 a year.
- The Median household income of a Ottumwa (zip 52501) resident is $50,507 a year. The US average is $69,021 a year.