Fort Towson, OK Economy


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United States / Oklahoma / No Metro Area / Choctaw County / Fort Towson / Zip Codes
Fort Towson, OK is a small town located in the southeastern corner of the state with a population of 1,200. It offers a wide range of amenities for its residents including two local restaurants, Grandma's Pizza and The Country Store. There is also a public library and several parks for outdoor recreation. Rent for two bedroom apartments in Fort Towson is much more affordable than the average US rate of $1,430; at $820 it is an excellent value. It also has lower grocery prices at 93 on the cost index compared to 100 nationally. All this makes Fort Towson an attractive place to live while still enjoying all the comforts of city living.

Fort Towson has an unemployment rate of 6.0%. The US average is 6.0%.

Fort Towson has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.

Tax Rates for Fort Towson
- The Sales Tax Rate for Fort Towson is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Towson 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 Fort Towson
- The average income of a Fort Towson resident is $14,730 a year. The US average is $28,555 a year.
- The Median household income of a Fort Towson resident is $47,639 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Towson, OklahomaUnited States
  66
  -0.2%-6.2%
  18.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $25,544$37,638
  $47,639$69,021
  $61,250$85,028
  Population by Occupation
  7.0%1.2%
  0.0%0.5%
  11.7%6.8%
  16.9%10.0%
  0.0%2.5%
  7.0%11.0%
  0.9%4.8%
  0.0%0.8%
  0.5%1.9%
  3.3%4.7%
  9.9%1.9%
  1.4%7.6%
  0.0%0.1%
  1.4%4.2%
  4.2%9.3%
  14.1%14.0%
  10.3%2.1%
  3.3%7.0%
  2.3%4.8%
  5.6%4.7%
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