Seminole, OK Economy


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United States / Oklahoma / No Metro Area / Seminole County / Seminole / Zip Codes
Seminole, OK is a small town located in the state of Oklahoma with a population of approximately 8500 people. The relatively low cost of living makes it an attractive place to live for singles, couples, and families alike. The average 2 bedroom rent in Seminole is $700 compared to the US average of $1,430. Additionally grocery prices are 91 on an index scale versus 100 in the US. Local companies include U-Haul Moving & Storage, Simmons Bank, and Dollar Tree. Seminole offers a variety of amenities and activities such as playgrounds, parks, local farmers markets, golf courses and outdoor recreation areas. Additionally there are many annual festivals that take place throughout the year such as the Seminole Fall Festival which attracts visitors from all around the region.

Seminole has an unemployment rate of 5.0%. The US average is 6.0%.

Seminole 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 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Seminole
- The Sales Tax Rate for Seminole is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Seminole 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 Seminole
- The average income of a Seminole resident is $17,563 a year. The US average is $28,555 a year.
- The Median household income of a Seminole resident is $34,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeminole, OklahomaUnited States
  56
  -4.3%-6.2%
  23.9%33.5%
  9.8%6.2%
  5.0%4.6%
  $18,291$37,638
  $34,375$69,021
  $41,088$85,028
  Population by Occupation
  0.0%1.2%
  4.6%0.5%
  6.2%6.8%
  14.1%10.0%
  2.8%2.5%
  14.9%11.0%
  2.3%4.8%
  0.0%0.8%
  1.1%1.9%
  2.4%4.7%
  1.3%1.9%
  2.1%7.6%
  0.0%0.1%
  3.0%4.2%
  6.1%9.3%
  10.1%14.0%
  3.7%2.1%
  13.0%7.0%
  3.1%4.8%
  9.3%4.7%
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