Eldon, OK is a small town located in Oklahoma with an estimated population of around 2,000 people. The cost of living in Eldon is quite reasonable compared to other cities in the country. For example, the average rent for a two-bedroom apartment is $810, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Eldon is 92 versus 100 in the US. There are several local businesses that make up Eldon’s economy such as Foster's BBQ ,A&G Construction Company and Affordable Tire Pros & Automotive Services. Residents appreciate how easy it is to live comfortably on a budget due to low costs related to housing and groceries.
Eldon has an unemployment rate of 4.2%. The US average is 6.0%.
Eldon 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 Eldon
- The Sales Tax Rate for Eldon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Eldon 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 Eldon
- The average income of a Eldon resident is $22,174 a year. The US average is $28,555 a year.
- The Median household income of a Eldon resident is $55,938 a year. The US average is $69,021 a year.