Rocky Mountain, OK is a charming city located in the heart of Oklahoma. It is known for its affordable housing and cost of living and is home to many great local companies such as Rocky Mountain Realty, Frontier Groceries, and The General Store. In addition to these businesses, Rocky Mountain also offers a variety of amenities such as two parks, a library, an outdoor market, and a hospital. With its low rent costs and grocery cost index of 92 compared to 100 in the US, Rocky Mountain is an attractive place for those looking to save on living expenses.
Rocky Mountain has an unemployment rate of 3.7%. The US average is 6.0%.
Rocky Mountain has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Rocky Mountain
- The Sales Tax Rate for Rocky Mountain is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Rocky Mountain 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 Rocky Mountain
- The average income of a Rocky Mountain resident is $15,744 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Mountain resident is $37,500 a year. The US average is $69,021 a year.