Briggs, OK Economy


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Briggs, OK is a small town with a population of 590 that offers plenty of amenities for its residents. Rent in Briggs for a two-bedroom apartment is much lower than the national average at $810 compared to $1,430. Grocery costs are also more affordable in Briggs as the cost index is 93 compared to 100 nationally. The town's economy is supported by local businesses such as Briggs Auto Repair, Briggs Petroleum Pumping Services, and Golden Chick Chicken Restaurant. Although the population of Briggs is significantly fewer than the 328 million people living in the US, it provides its residents with an affordable cost of living and plenty of services that make it an ideal place to live.

Briggs has an unemployment rate of 4.2%. The US average is 6.0%.

Briggs has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Briggs
- The Sales Tax Rate for Briggs is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Briggs 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 Briggs
- The average income of a Briggs resident is $12,281 a year. The US average is $28,555 a year.
- The Median household income of a Briggs resident is $39,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBriggs, OklahomaUnited States
  4.26
  2.9%-6.2%
  20.1%33.5%
  6.3%6.2%
  5.0%4.6%
  $19,478$37,638
  $39,167$69,021
  $63,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  3.5%10.0%
  2.1%2.5%
  11.1%11.0%
  0.0%4.8%
  0.0%0.8%
  8.0%1.9%
  0.0%4.7%
  6.1%1.9%
  0.0%7.6%
  0.0%0.1%
  2.8%4.2%
  10.8%9.3%
  16.0%14.0%
  0.0%2.1%
  16.7%7.0%
  4.0%4.8%
  14.8%4.7%
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