Choctaw, LA is a small town located in Oklahoma County. It has a population of just under 3,000 people. The town is known for its great outdoor recreation opportunities and local businesses. Rent for a two-bedroom apartment in Choctaw is $980 per month, which is much lower than the US average of $1,430. Grocery costs are also low in Choctaw, with a grocery cost index at 96 versus 100 in the US on average. Popular local businesses include Choctaw Country Market and B & B Fireworks – both offer quality goods and services at competitive prices. Overall, the cost of living in Choctaw is much lower than the national average, making it attractive to those looking for affordable housing and everyday essentials.
Choctaw has an unemployment rate of 5.0%. The US average is 6.0%.
Choctaw has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Choctaw
- The Sales Tax Rate for Choctaw is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Choctaw is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Choctaw
- The average income of a Choctaw resident is $16,604 a year. The US average is $28,555 a year.
- The Median household income of a Choctaw resident is $47,095 a year. The US average is $69,021 a year.