Freedom, OK is a small town located in the northwestern part of Oklahoma. It is home to several local businesses that contribute to the local economy. These companies include Freedom Grocery, Main Street Hardware, and S&P Automotive. The median rent in Freedom, OK for a two bedroom apartment is $730 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Freedom is 94 compared to 100 in the US which highlights how it can be more affordable to buy groceries here than in many other places around the country.
Freedom has an unemployment rate of 2.2%. The US average is 6.0%.
Freedom has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 4.8%, which is lower than the US average of 33.5%.
Tax Rates for Freedom
- The Sales Tax Rate for Freedom is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Freedom 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 Freedom
- The average income of a Freedom resident is $23,972 a year. The US average is $28,555 a year.
- The Median household income of a Freedom resident is $51,250 a year. The US average is $69,021 a year.