Moffett, OK Economy


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Moffett, OK is a small town in the Midwest with a population of approximately 800 people. It is known for its low cost of living and affordable rent prices. A 2 Bedroom apartment can be rented in Moffett for only $800 while the US average 2 Bedroom rent is $1,430. Additionally, the Grocery Cost Index of Moffett, OK is 88 compared to the national average of 100. The town has several local businesses that serve the community, such as a cafe, country store, beauty salon, and auto repair shop. In addition to these services there are plenty of outdoor activities available like fishing and hiking at nearby lakes or parks. These amenities make Moffett an ideal place for families or individuals looking for a quiet place to settle down.

Moffett has an unemployment rate of 4.8%. The US average is 6.0%.

Moffett has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Moffett
- The Sales Tax Rate for Moffett is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Moffett 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 Moffett
- The average income of a Moffett resident is $13,284 a year. The US average is $28,555 a year.
- The Median household income of a Moffett resident is $18,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoffett, OklahomaUnited States
  4.86
  -1.7%-6.2%
  21.9%33.5%
  7.9%6.2%
  5.0%4.6%
  $10,968$37,638
  $18,750$69,021
Family Median Income 85028
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