Hugo, OK is a small town located in Choctaw County. It is an affordable place to live as the two-bedroom rent cost is $700 - significantly lower than the US average of $1,430. Similarly, groceries are relatively more affordable as the Grocery Cost Index in Hugo, OK is 94 compared to 100 in the US. Local companies include Hugo Auto Supply, Eastside Hardware & Lumber Co., and J&M Truck Parts & Sales. These businesses offer a wide range of services such as automotive parts and supplies, construction materials, and truck parts sales.
Hugo has an unemployment rate of 6.0%. The US average is 6.0%.
Hugo 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 Hugo
- The Sales Tax Rate for Hugo is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Hugo 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 Hugo
- The average income of a Hugo resident is $16,780 a year. The US average is $28,555 a year.
- The Median household income of a Hugo resident is $27,710 a year. The US average is $69,021 a year.