Midwest City, OK is a great place to live with plenty of job opportunities. Major employers in the area include Tinker Air Force Base, Boeing, First National Bank & Trust, and Integris Midwest Health System. The cost of living in Midwest City is lower than the national average which translates to more bang for your buck in housing expenses—2 bedroom rents average around $1,000 compared to a nationwide average of $1,430. Grocery prices are also lower with an index of 93 versus the US average of 100. Residents here benefit from both the relatively low cost of living while having access to all the major amenities they may need.
Midwest City has an unemployment rate of 4.7%. The US average is 6.0%.
Midwest City has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Midwest City
- The Sales Tax Rate for Midwest City is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Midwest City 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 Midwest City
- The average income of a Midwest City resident is $23,073 a year. The US average is $28,555 a year.
- The Median household income of a Midwest City resident is $52,196 a year. The US average is $69,021 a year.