Oklahoma City, OK Metro Area is an ideal location for those looking for a vibrant and affordable environment. The two bedroom rent in the area is significantly lower than the national average, making it an attractive option for those looking to save on living costs. Furthermore, the cost of groceries is 5% lower than the national index which helps to maintain a budget-friendly lifestyle.
The city itself has much to offer, including popular attractions such as Bricktown, Myriad Botanical Gardens, Oklahoma River Trail and the National Cowboy & Western Heritage Museum - all within close proximity of each other. Corporate headquarters such as Love's Travel Stops & Country Stores and Chesapeake Energy Corporation are just some of the companies that provide employment opportunities in this area.
In general, Oklahoma City provides a great balance between affordability and quality of life. With its diversity of activities and strong local economy it truly offers something for everyone.
Oklahoma City Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.
Oklahoma City Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Oklahoma City Metro Area
- The Sales Tax Rate for Oklahoma City Metro Area is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Oklahoma City Metro Area 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 Oklahoma City Metro Area
- The average income of a Oklahoma City Metro Area resident is $26,994 a year. The US average is $28,555 a year.
- The Median household income of a Oklahoma City Metro Area resident is $63,351 a year. The US average is $69,021 a year.