Sand Springs, Oklahoma is a small city located in Tulsa County just west of the Arkansas River. With a population of around 18,000 people, Sand Springs is known for its rich history, friendly atmosphere, and vibrant economy. Being home to companies like Dresser-Rand O&G Solutions, Northrop Grumman Aerospace Systems and Matrix Service Company, the city offers plenty of job opportunities for both locals and outsiders. The cost of living in Sand Springs is quite affordable with average rent for a two-bedroom apartment being $980 and grocery cost index rating at 95 compared to the US average of 100. Sand Springs is also home to many parks and recreational facilities that attract visitors from all over the region.
Sand Springs has an unemployment rate of 4.2%. The US average is 6.0%.
Sand Springs has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Sand Springs
- The Sales Tax Rate for Sand Springs is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Sand Springs 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 Sand Springs
- The average income of a Sand Springs resident is $24,035 a year. The US average is $28,555 a year.
- The Median household income of a Sand Springs resident is $64,043 a year. The US average is $69,021 a year.