Sequoyah, OK Economy


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Sequoyah, OK is a small town located in Oklahoma County. It is a great place to live due to its low cost of living. The average two bedroom rent in Sequoyah is $960 compared to the US average of $1,430. Additionally, the grocery cost index in Sequoyah is 95 versus 100 in the US which means groceries are cheaper than the national average. \nThe town has plenty of local businesses including Artisan's Market Coffeehouse & Cafe, Divine Treasures Boutique & Gifts, and Nimrod's Barbecue & Pizza Parlor. Compared to other parts of the country, Sequoyah offers a more relaxed lifestyle with lower costs of living and smaller-town vibe.

Sequoyah has an unemployment rate of 3.7%. The US average is 6.0%.

Sequoyah has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Sequoyah
- The Sales Tax Rate for Sequoyah is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sequoyah 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 Sequoyah
- The average income of a Sequoyah resident is $34,877 a year. The US average is $28,555 a year.
- The Median household income of a Sequoyah resident is $101,364 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySequoyah, OklahomaUnited States
  3.76
  -3.8%-6.2%
  32.0%33.5%
  5.3%6.2%
  5.0%4.6%
  $33,848$37,638
  $101,364$69,021
  $106,250$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  3.2%6.8%
  10.8%10.0%
  4.8%2.5%
  9.3%11.0%
  9.3%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  1.9%1.9%
  11.7%7.6%
  0.0%0.1%
  0.0%4.2%
  17.1%9.3%
  11.7%14.0%
  0.6%2.1%
  3.0%7.0%
  11.0%4.8%
  3.0%4.7%
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