Blackwell, OK Economy


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\nBlackwell, OK is a small city in Kay County, Oklahoma with an estimated population of 7,141 people as of 2019. This city is home to some well known companies such as First Bank & Trust Co., Blackwell Inn & Suites, and the Blackwell Regional Hospital.
Rent for a 2 bedroom apartment in Blackwell is significantly lower than that of the US median at $650 versus $1,430. Similarly, groceries cost much less in Blackwell with a Grocery Cost Index of 88 compared to 100 for the US. This makes Blackwell an attractive destination for those looking for affordable living and grocery prices.

Blackwell has an unemployment rate of 4.5%. The US average is 6.0%.

Blackwell has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Blackwell
- The Sales Tax Rate for Blackwell is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Blackwell 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 Blackwell
- The average income of a Blackwell resident is $22,402 a year. The US average is $28,555 a year.
- The Median household income of a Blackwell resident is $45,855 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlackwell, OklahomaUnited States
  4.56
  -2.5%-6.2%
  22.4%33.5%
  10.2%6.2%
  5.0%4.6%
  $22,156$37,638
  $45,855$69,021
  $49,234$85,028
  Population by Occupation
  2.6%1.2%
  3.5%0.5%
  8.2%6.8%
  15.0%10.0%
  4.0%2.5%
  8.1%11.0%
  4.7%4.8%
  3.2%0.8%
  3.8%1.9%
  0.4%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  2.4%4.2%
  8.3%9.3%
  13.4%14.0%
  10.5%2.1%
  3.6%7.0%
  3.7%4.8%
  4.3%4.7%
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