Prague, OK Economy


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Prague, OK is a small city located in Oklahoma with a population of around 2,300. The cost of living is quite reasonable in this city, with the average two-bedroom rent at $780 compared to $1,430 in the US. Grocery Cost Index in Prague is also lower than the US with 93 versus 100.
The city has many local companies for residents to explore, such as Prague Pharmacy, Prague Nursing Home & Rehabilitation Center and TomlinsonBank. Visitors can enjoy attractions like Longmire Park with its beautiful lake, Spisak Park which offers great hiking trails and outdoor activities and even Czech Hall which hosts various events throughout the year.

Prague has an unemployment rate of 3.6%. The US average is 6.0%.

Prague has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Prague
- The Sales Tax Rate for Prague is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Prague 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 Prague
- The average income of a Prague resident is $22,234 a year. The US average is $28,555 a year.
- The Median household income of a Prague resident is $42,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrague, OklahomaUnited States
  3.66
  -2.8%-6.2%
  29.6%33.5%
  9.5%6.2%
  5.0%4.6%
  $29,186$37,638
  $42,083$69,021
  $48,466$85,028
  Population by Occupation
  0.8%1.2%
  4.2%0.5%
  9.3%6.8%
  6.6%10.0%
  2.8%2.5%
  12.7%11.0%
  2.4%4.8%
  2.0%0.8%
  1.4%1.9%
  2.5%4.7%
  0.0%1.9%
  2.8%7.6%
  0.0%0.1%
  1.1%4.2%
  10.9%9.3%
  15.6%14.0%
  3.3%2.1%
  11.9%7.0%
  6.3%4.8%
  3.5%4.7%
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