Hallett, OK is a small town located in Oklahoma. It is known for its friendly atmosphere and affordable cost of living. On average, rent for a two bedroom apartment in Hallett is $830, which is significantly lower than the US average rent for two bedrooms at $1,430. Furthermore, the Grocery Cost Index in Hallett is 89 versus the 100 in the US, indicating that food costs are also cheaper than in many other parts of the country. The local economy revolves around agriculture and some manufacturing companies such as Pyromation Inc., Bayside Plastics Technologies LLC, and Copperhead Electric & Construction Co. All taken together, Hallett offers a high quality of life at an affordable cost.
Hallett has an unemployment rate of 4.2%. The US average is 6.0%.
Hallett has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Hallett
- The Sales Tax Rate for Hallett is 11.0%. The US average is 7.3%.
- The Income Tax Rate for Hallett 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 Hallett
- The average income of a Hallett resident is $17,046 a year. The US average is $28,555 a year.
- The Median household income of a Hallett resident is $25,313 a year. The US average is $69,021 a year.