Milburn, OK is a great place to live for those looking for an affordable cost of living. With 2 bedroom rent in Milburn at just $790 compared to the US average of $1,430, it’s easy to see why many call the city home. The grocery cost index in Milburn is also very low at 92 compared to the US average of 100; this means that groceries are relatively cheaper here than in other parts of the country. There are also plenty of local businesses including Cash Cow Restorations & Vintage Rentals, Teddys Automotive Repair, and Dixie Momma's Bakery that make up the unique culture of this small town. It’s no wonder so many people choose to call Milburn home!
Milburn has an unemployment rate of 5.2%. The US average is 6.0%.
Milburn has seen the job market increase by 9.6% over the last year. Future job growth over the next ten years is predicted to be 107.9%, which is higher than the US average of 33.5%.
Tax Rates for Milburn
- The Sales Tax Rate for Milburn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milburn 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 Milburn
- The average income of a Milburn resident is $13,143 a year. The US average is $28,555 a year.
- The Median household income of a Milburn resident is $40,938 a year. The US average is $69,021 a year.