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Economy in Commerce, Oklahoma

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCommerce, OKUnited States
Unemployment Rate5.60%9.10%
Recent Job Growth-0.97%-0.12%
Future Job Growth32.46%31.25%
Sales Taxes8.85%6.80%
Income Taxes6.65%6.25%
Income per Cap.$14,618$27,067
Household Income$35,354$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.40%12.10%
Income between 15K and 25K15.49%10.18%
Income between 25K and 35K16.84%10.56%
Income between 35K and 50K19.87%14.98%
Income between 50K and 75K20.31%19.53%
Income between 75K and 100K7.18%12.52%
Income between 100K and 150K2.69%12.14%
Income between 150K and 250K0.22%3.91%
Income between 250K and 500K0.00%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations5.93%13.81%
Professional and Related Occupations21.47%22.68%
Service17.15%14.51%
Sales and Office21.47%25.22%
Farming, Fishing, and Forestry5.29%0.68%
Construction, Extraction, and Maintenance7.34%9.37%
Production, Transportation, and Material Moving28.05%15.86%
Median Household Income

The unemployment rate in Commerce, OK, is 5.60%, with job growth of -0.97%. Future job growth over the next ten years is predicted to be 32.46%.

Commerce, OK Taxes

Commerce, OK,sales tax rate is 8.85%. Income tax is 6.65%.

Commerce, OK Income and Salaries

The income per capita is $14,618, which includes all adults and children. The median household income is $35,354.


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