Hominy, OK is a small town in Osage County located about 50 miles from Tulsa. Despite its small size, it offers many amenities such as two grocery stores, a medical center, multiple schools, and a variety of shops, restaurants, and other businesses. It is an affordable area to live in with the average 2 bedroom rent at $820 per month compared to the US average of $1,430 per month. The Grocery Cost Index for Hominy is also 91 versus the US average of 100. This makes it more cost-effective for individuals and families on a budget looking for a place to call home. Local companies that provide essential services include IHOP Grocery Store and Redwater Medical Center. There are also several places to grab a bite to eat such as Fox & Hound Pizza Café and Subway. Additional services available in the area include banks like First National Bank & Trust Company of Hominy and auto repair shops like Pinky’s Auto Repair Shop.
Hominy has an unemployment rate of 4.3%. The US average is 6.0%.
Hominy 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 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Hominy
- The Sales Tax Rate for Hominy is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Hominy 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 Hominy
- The average income of a Hominy resident is $11,246 a year. The US average is $28,555 a year.
- The Median household income of a Hominy resident is $32,844 a year. The US average is $69,021 a year.