Bristow, Oklahoma is an attractive place to live due to the lower cost of living. On average, a two bedroom apartment in Bristow will cost $820 a month compared to the national average of $1,430. The Grocery Cost Index here is also relatively low at 92 versus 100 in the US. The city has several major employers including ONEOK, Inc., Cimarex Energy Co., and RCB Bank. ONEOK is an energy company that transports natural gas while Cimarex explores for and produces oil and natural gas reserves. RCB Bank provides banking services throughout Oklahoma, Texas, and Kansas. All three companies are major contributors to Bristow's local economy.
Bristow has an unemployment rate of 4.4%. The US average is 6.0%.
Bristow has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Bristow
- The Sales Tax Rate for Bristow is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bristow 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 Bristow
- The average income of a Bristow resident is $17,806 a year. The US average is $28,555 a year.
- The Median household income of a Bristow resident is $35,288 a year. The US average is $69,021 a year.