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Economy in Spencer, Oklahoma

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySpencer, OKUnited States
Unemployment Rate5.50%9.10%
Recent Job Growth-0.76%-0.12%
Future Job Growth32.98%31.25%
Sales Taxes8.50%6.80%
Income Taxes6.65%6.25%
Income per Cap.$18,850$27,067
Household Income$38,618$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.35%12.10%
Income between 15K and 25K17.03%10.18%
Income between 25K and 35K15.68%10.56%
Income between 35K and 50K15.81%14.98%
Income between 50K and 75K23.16%19.53%
Income between 75K and 100K8.06%12.52%
Income between 100K and 150K5.16%12.14%
Income between 150K and 250K0.65%3.91%
Income between 250K and 500K0.90%3.34%
Income greater than 500K0.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.42%13.81%
Professional and Related Occupations17.23%22.68%
Service16.74%14.51%
Sales and Office22.32%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance13.30%9.37%
Production, Transportation, and Material Moving24.95%15.86%
Median Household Income

The unemployment rate in Spencer, OK, is 5.50%, with job growth of -0.76%. Future job growth over the next ten years is predicted to be 32.98%.

Spencer, OK Taxes

Spencer, OK,sales tax rate is 8.50%. Income tax is 6.65%.

Spencer, OK Income and Salaries

The income per capita is $18,850, which includes all adults and children. The median household income is $38,618.


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