Lebanon, OK is a thriving small town in Oklahoma known for its beautiful landscape and friendly community. The population of Lebanon is unknown but the average 2 bedroom rent in the town is $730 which is much lower compared to the US average of $1,430. Groceries here are also more affordable than many other places with an index score of 93 versus 100 in the US.
There are several companies that make their home in Lebanon such as Tractor Supply Co., CFSB Bank, and BancFirst. There are also plenty of attractions to explore such as Little River Park, Honey Creek State Park, and Jimmie Austin Golf Course. With so much to do and great affordability, it’s no wonder why Lebanon has become a popular destination for many people.
Lebanon has an unemployment rate of 4.0%. The US average is 6.0%.
Lebanon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon
- The Sales Tax Rate for Lebanon is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lebanon 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 Lebanon
- The average income of a Lebanon resident is $15,022 a year. The US average is $28,555 a year.
- The Median household income of a Lebanon resident is $41,111 a year. The US average is $69,021 a year.