Stillwater, OK Economy


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Stillwater, OK is a great city to live in thanks to its affordability. The average rent for a two-bedroom apartment is only $890 per month, much lower than the US average of $1,430. The Grocery Cost Index is also significantly lower at 98 versus 100 in the US. Popular local businesses in Stillwater include Stillwater Medical Center, Eskimo Joe's, and The Corral. Prices for goods and services are generally cheaper than the national average with gas costing around $2.40 per gallon and a meal at an inexpensive restaurant setting you back about $15. With its affordability and variety of local businesses, Stillwater provides an excellent quality of life to those who choose to call it home.

Stillwater has an unemployment rate of 3.0%. The US average is 6.0%.

Stillwater has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Stillwater
- The Sales Tax Rate for Stillwater is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Stillwater 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 Stillwater
- The average income of a Stillwater resident is $20,046 a year. The US average is $28,555 a year.
- The Median household income of a Stillwater resident is $37,991 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStillwater, OklahomaUnited States
  36
  -3.0%-6.2%
  29.4%33.5%
  8.8%6.2%
  5.0%4.6%
  $23,686$37,638
  $37,991$69,021
  $70,720$85,028
  Population by Occupation
  0.8%1.2%
  0.7%0.5%
  3.0%6.8%
  5.1%10.0%
  1.0%2.5%
  9.3%11.0%
  1.5%4.8%
  0.6%0.8%
  1.3%1.9%
  2.1%4.7%
  2.1%1.9%
  4.5%7.6%
  0.0%0.1%
  1.6%4.2%
  34.1%9.3%
  9.3%14.0%
  2.0%2.1%
  12.5%7.0%
  5.9%4.8%
  2.5%4.7%
Reviews for Stillwater
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Over 3 years ago

Let me introduce my self. My parents are from Cuba, I was born in St. Charles, MO. Although I have not lived in Oklahoma yet, one of my best friends live in Stillwater.  More

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Over 10 years ago

Crime in Stillwater is very low -- only 1-2 murders per year max. Property crime is also low except around the OSU campus where students take things from each other.   More

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Over 16 years ago

Stillwater is a great small college town that is home to Oklahoma State  More

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