Eldorado, OK is a small town with an estimated population of 1,104 people. The cost of living in Eldorado is significantly lower than the US average, as 2 bedroom rent in the city costs $640 compared to $1,430 nationwide. Additionally, grocery costs in Eldorado are 84 on a 100 point index versus 100 in the US. Local companies in Eldorado include Martin Tire Company offering car repairs and sales services as well as Valley View Hospital providing healthcare services for citizens of the town. Overall, living in Eldorado is quite affordable and offers plenty of amenities and services for its residents.
Eldorado has an unemployment rate of 3.0%. The US average is 6.0%.
Eldorado has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Eldorado
- The Sales Tax Rate for Eldorado is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eldorado 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 Eldorado
- The average income of a Eldorado resident is $18,997 a year. The US average is $28,555 a year.
- The Median household income of a Eldorado resident is $34,375 a year. The US average is $69,021 a year.