Hennessey, OK is a small town with a population of around 2,000 people. This town offers residents an affordable cost of living with an average two-bedroom rent of $840 compared to the US average of $1,430. Grocery shopping is also relatively inexpensive in Hennessey, as the grocery cost index is 94 versus 100 in the US.
Hennessey offers a variety of local businesses such as O'Connor's Feed & Seed, Hennessey Pawn Shop, and The Plaid Rabbit Quilt Shoppe. In addition to these businesses, the town also boasts several tourist attractions such as The Red Barn Flea Market and Crowder Lake State Park, which offers camping and fishing activities. With its affordable costs and family-oriented atmosphere, Hennessey is an ideal place for families looking for a quiet place to settle down.
Hennessey has an unemployment rate of 2.9%. The US average is 6.0%.
Hennessey has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Hennessey
- The Sales Tax Rate for Hennessey is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Hennessey 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 Hennessey
- The average income of a Hennessey resident is $22,804 a year. The US average is $28,555 a year.
- The Median household income of a Hennessey resident is $40,726 a year. The US average is $69,021 a year.