Medicine Park, OK is a small town located in Comanche County with a population of 500+. Despite its size, the town offers many attractions, including the Medicine Park Aquarium & Natural Sciences Center and the Medicine Park Cobblestone Courtyard. It also offers great amenities for outdoor recreation such as swimming at Lake Lawtonka and fishing. With a 2 Bedroom Rent of only $960 compared to the US average of $1,430 and a Grocery Cost Index of 94 versus 100 in the US, Medicine Park is an attractive option for those looking for an affordable place to live. Residents can get their groceries from local stores like Medicine Park Market or shop at larger chains like Walmart or Target. Those looking for employment may be able to find work with one of the many businesses located in Medicine Park, such as Oklahoma Petroleum Company, H&S Machine and Supply Co., Runyon Construction Services, or B&S Electric Service.
Medicine Park has an unemployment rate of 3.9%. The US average is 6.0%.
Medicine Park 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 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Medicine Park
- The Sales Tax Rate for Medicine Park is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Medicine Park 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 Medicine Park
- The average income of a Medicine Park resident is $28,291 a year. The US average is $28,555 a year.
- The Median household income of a Medicine Park resident is $103,365 a year. The US average is $69,021 a year.