Economy in Alva, Oklahoma
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Economy
| Unemployment Rate | 3.10% | 9.10% |
| Recent Job Growth | 1.05% | -0.12% |
| Future Job Growth | 39.00% | 31.25% |
| Sales Taxes | 9.25% | 6.80% |
| Income Taxes | 6.65% | 6.25% |
| Income per Cap. | $20,990 | $27,067 |
| Household Income | $35,261 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.70% | 12.10% |
| Income between 15K and 25K | 15.68% | 10.18% |
| Income between 25K and 35K | 13.52% | 10.56% |
| Income between 35K and 50K | 14.92% | 14.98% |
| Income between 50K and 75K | 17.94% | 19.53% |
| Income between 75K and 100K | 9.05% | 12.52% |
| Income between 100K and 150K | 3.92% | 12.14% |
| Income between 150K and 250K | 1.91% | 3.91% |
| Income between 250K and 500K | 1.86% | 3.34% |
| Income greater than 500K | 0.50% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.85% | 13.81% |
| Professional and Related Occupations | 17.44% | 22.68% |
| Service | 21.51% | 14.51% |
| Sales and Office | 22.73% | 25.22% |
| Farming, Fishing, and Forestry | 2.92% | 0.68% |
| Construction, Extraction, and Maintenance | 10.29% | 9.37% |
| Production, Transportation, and Material Moving | 13.59% | 15.86% |
The unemployment rate in Alva, OK, is 3.10%, with job growth of 1.05%. Future job growth over the next ten years is predicted to be 39.00%.
Alva, OK Taxes
Alva, OK,sales tax rate is 9.25%. Income tax is 6.65%.
Alva, OK Income and Salaries
The income per capita is $20,990, which includes all adults and children. The median household income is $35,261.
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