Kenwood, OK is a small town located in Oklahoma with a population of about 2,200 people. It is known for its affordability and laid-back lifestyle. The average rent for a two bedroom apartment in Kenwood is $820, which is much lower than the national average of $1,430. Additionally, the cost of groceries is relatively inexpensive compared to other cities in the US with an index score of 93 versus 100 in the US.
There are several local businesses that help make Kenwood thrive including Lucky Star Casino and Convenience Store, Mantle & Son Auto Repair Shop, and Kenwood Country Store. With low rental rates and grocery costs along with plenty of locally owned businesses it's easy to see why Kenwood remains a popular place to live and visit despite its small size.
Kenwood has an unemployment rate of 3.6%. The US average is 6.0%.
Kenwood has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Kenwood
- The Sales Tax Rate for Kenwood is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Kenwood 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 Kenwood
- The average income of a Kenwood resident is $14,543 a year. The US average is $28,555 a year.
- The Median household income of a Kenwood resident is $62,625 a year. The US average is $69,021 a year.