McAlester, OK Economy


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McAlester, OK is a city in Pittsburg County. It is home to many businesses, such as Halliburton Energy Services, the BNSF Railway Company, Paccar Inc., McAlester Regional Hospital and numerous others. The cost of living in McAlester is lower than the U.S. average; for example, 2 Bedroom rent in McAlester is $840 versus $1,430 in the U.S., and the Grocery Cost Index is 92 compared to 100 nationally. This makes living in McAlester an attractive proposition for those looking for an affordable place to live with plenty of employment opportunities.

McAlester has an unemployment rate of 5.5%. The US average is 6.0%.

McAlester has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for McAlester
- The Sales Tax Rate for McAlester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McAlester is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for McAlester
- The average income of a McAlester resident is $20,827 a year. The US average is $28,555 a year.
- The Median household income of a McAlester resident is $44,890 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcAlester, OklahomaUnited States
  5.56
  -6.1%-6.2%
  36.5%33.5%
  9.8%6.2%
  5.0%4.6%
  $25,257$37,638
  $44,890$69,021
  $58,524$85,028
  Population by Occupation
  0.2%1.2%
  1.8%0.5%
  5.1%6.8%
  9.6%10.0%
  2.0%2.5%
  9.7%11.0%
  1.9%4.8%
  0.9%0.8%
  2.4%1.9%
  3.6%4.7%
  1.1%1.9%
  5.1%7.6%
  0.0%0.1%
  3.6%4.2%
  6.7%9.3%
  15.1%14.0%
  1.4%2.1%
  9.2%7.0%
  6.9%4.8%
  13.6%4.7%
Reviews for McAlester
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Recently moved here from Texas and we’re loving it so far. It reminds us of old Georgetown, Tx, where we grew up. We love small, close knit towns and McAlester is just  More

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Having lived in McAlester in the early 50's, I find it interesting that the population of the City of McAlester is about the same as it was suring the 50's and the  More

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Over 17 years ago

My family moved here last year when my husband got a job with an oil technology firm. The housing market is great here. You can find a nice house for an affordable  More

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