New Cordell, OK is a small town located in the northwest area of Oklahoma. It is renowned for its excellent ranching, farming, and outdoor activities. The population of New Cordell is around 4,000 people. It is home to many small businesses such as a local grocery store, hardware store, restaurant, library, movie theater and more. The rent for a two bedroom apartment in New Cordell is $720 which is significantly lower than the US rate of $1,430. Additionally, the Grocery Cost Index in New Cordell is 92 versus 100 in the US. This makes it an attractive place for people who are looking to save money and live somewhere with a low cost of living.
New Cordell has an unemployment rate of 4.9%. The US average is 6.0%.
New Cordell 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for New Cordell
- The Sales Tax Rate for New Cordell is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Cordell 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 New Cordell
- The average income of a New Cordell resident is $27,198 a year. The US average is $28,555 a year.
- The Median household income of a New Cordell resident is $63,125 a year. The US average is $69,021 a year.