Burns Flat, OK is a small town located in western Oklahoma. It has a population of 1,670 people, and an average two-bedroom rent cost that is much lower than the US average at $710 per month. This makes it a great option for people looking for an affordable place to live. The Grocery Cost Index in Burns Flat is 92 compared to the US's 100 which ensures that groceries will be much cheaper here as well.
Burns Flat has plenty of local companies such as the Home Oil Company and the National Pipe Line Company. The town also has several shops, restaurants, parks, schools and other amenities to offer its residents a comfortable life style. There are several libraries and museums within easy driving distance from Burns Flat as well as several golf courses for those who enjoy outdoor activities.
Burns Flat has an unemployment rate of 4.9%. The US average is 6.0%.
Burns Flat 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Burns Flat
- The Sales Tax Rate for Burns Flat is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Burns Flat 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 Burns Flat
- The average income of a Burns Flat resident is $18,144 a year. The US average is $28,555 a year.
- The Median household income of a Burns Flat resident is $47,583 a year. The US average is $69,021 a year.