Otto, Wyoming (zipcode 82434) is a small rural town located between Cody and Powell. The population is only about 65 people, which makes it an ideal place to escape the hustle and bustle of city life. The median 2 bedroom rental rate in Otto is $810 per month - substantially lower than the U.S average of $1,430. Otto also offers low prices for everyday items such as groceries due to its Grocery Cost Index score of 101 versus 100 in the US. Local companies that serve Otto include Lander Valley You-Do-It Thrift Store, D&D Tax Service, and KK Bar Ranch LLC. All in all, living in Otto provides residents with a tranquil lifestyle and reasonable cost of living expenses.
Otto (zip 82434) has an unemployment rate of 6.1%. The US average is 6.0%.
Otto (zip 82434) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 11.2%, which is lower than the US average of 33.5%.
Tax Rates for Otto (zip 82434)
- The Sales Tax Rate for Otto (zip 82434) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Otto (zip 82434) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Otto (zip 82434)
- The average income of a Otto (zip 82434) resident is $13,382 a year. The US average is $37,638 a year.
- The Median household income of a Otto (zip 82434) resident is $0 a year. The US average is $69,021 a year.