Jennings, OK is an affordable city with a variety of amenities to offer its residents. The average rent for a two-bedroom apartment is only $840, while the US median rate is $1,430. Additionally, the cost of groceries in Jennings is significantly lower than the national average; grocery prices in Jennings are 92 versus 100 in the US. This makes Jennings an attractive option to those on a budget.
Local companies include Jones Drilling, San Antonio Lumber Co., and Fennell Oilfield Services. These businesses offer employment opportunities in various industries including construction and oilfields services. Moreover, they contribute to the local economy by providing jobs and tax revenue to support local initiatives and community development projects. Furthermore, residents benefit from these companies' generous contributions to charitable organizations within Jennings.
In conclusion, Jennings offers a great quality of living with a low cost of living compared to other cities in the US. Residents have access to employment opportunities with local businesses as well as generous corporate philanthropy that helps fund community projects and charitable organizations within Jennings.
Jennings has an unemployment rate of 4.2%. The US average is 6.0%.
Jennings 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 Jennings
- The Sales Tax Rate for Jennings is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Jennings 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 Jennings
- The average income of a Jennings resident is $21,144 a year. The US average is $37,638 a year.
- The Median household income of a Jennings resident is $32,361 a year. The US average is $69,021 a year.