Zip 74637 (Fairfax, OK) Economy


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Fairfax, Oklahoma (74637) is a vibrant small town known for its rich history and tight-knit community. With an estimated population of 2,137 residents, Fairfax offers plenty of hometown charm. The average rent cost for a 2 bedroom apartment in Fairfax is 860 dollars a month, which is much lower than the US average of 1,430 dollars. Grocery costs also tend to be quite low compared to the US index when measured at 89.
Fairfax has many unique businesses with something for everyone whether you’re looking for a bite to eat or an exciting night out. Local favorites include Sutherlands Bar & Grill for great food and drinks and Pawnee Bill's Indian Trading Post where you can find souvenirs and local Native American crafts. There are also plenty of outdoor activities including golfing at the Fairfax Golf Course and swimming at Blue River where visitors can also go fishing or canoeing on the river. If you’re looking for more city life there are lots of nearby attractions in Tulsa such as the Philbrook Museum of Art and Tulsa Zoo; both only about an hour away from Fairfax.

Fairfax (zip 74637) has an unemployment rate of 4.3%. The US average is 6.0%.

Fairfax (zip 74637) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Fairfax (zip 74637)
- The Sales Tax Rate for Fairfax (zip 74637) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Fairfax (zip 74637) 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 Fairfax (zip 74637)
- The average income of a Fairfax (zip 74637) resident is $17,218 a year. The US average is $28,555 a year.
- The Median household income of a Fairfax (zip 74637) resident is $43,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfax, OklahomaUnited States
  4.36
  -3.5%-6.2%
  27.5%33.5%
  8.8%6.2%
  5.0%4.6%
  $27,423$37,638
  $43,125$69,021
  $62,734$85,028
  Population by Occupation
  5.1%1.2%
  3.3%0.5%
  8.1%6.8%
  7.0%10.0%
  2.2%2.5%
  9.8%11.0%
  7.7%4.8%
  2.7%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  2.1%4.2%
  7.7%9.3%
  20.7%14.0%
  2.1%2.1%
  6.3%7.0%
  6.6%4.8%
  5.8%4.7%
Health