Hendrix, OK Economy


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Hendrix, OK is a small town located in the state of Oklahoma. This town has a population of around 3,000 people and offers a variety of businesses and services to its citizens. Two bedroom rent prices in Hendrix are much lower than the US average at $850 compared to $1,430. Additionally, the Grocery Cost Index in Hendrix is 94 versus 100 in the US. This shows that cost of living is low in Hendrix providing an affordable option for those looking to live near Oklahoma City. Local businesses include The Fun Spot Family Entertainment Center, Bethel Baptist Church, and Brown's Supermarket where locals can purchase goods and services. Overall, Hendrix provides a safe and affordable place to live with quality local businesses at reasonable prices.

Hendrix has an unemployment rate of 3.6%. The US average is 6.0%.

Hendrix has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.

Tax Rates for Hendrix
- The Sales Tax Rate for Hendrix is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hendrix 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 Hendrix
- The average income of a Hendrix resident is $19,115 a year. The US average is $28,555 a year.
- The Median household income of a Hendrix resident is $24,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHendrix, OklahomaUnited States
  3.66
  2.5%-6.2%
  56.7%33.5%
  5.0%6.2%
  5.0%4.6%
  $17,483$37,638
  $24,375$69,021
Family Median Income 85028
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