Simms, OK Economy


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Simms, OK is a small town with a friendly atmosphere. It has many local businesses including Simms Hardware, Simms Butcher Shop, and the Simms Grocery Store. The cost of living in Simms is very reasonable as evidenced by the 2 bedroom rent being only $790 compared to the US average of $1,430. Additionally, the grocery cost index in Simms is 92 which is 8 points lower than the US average. Overall, Simms provides an affordable area to live with plenty of local restaurants and stores for residents to enjoy.

Simms has an unemployment rate of 4.7%. The US average is 6.0%.

Simms has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Simms
- The Sales Tax Rate for Simms is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Simms 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 Simms
- The average income of a Simms resident is $23,015 a year. The US average is $28,555 a year.
- The Median household income of a Simms resident is $68,412 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySimms, OklahomaUnited States
  4.76
  -3.0%-6.2%
  23.9%33.5%
  9.2%6.2%
  5.0%4.6%
  $25,530$37,638
  $68,412$69,021
  $68,581$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  11.1%6.8%
  17.6%10.0%
  0.0%2.5%
  10.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.7%7.6%
  0.0%0.1%
  0.0%4.2%
  6.5%9.3%
  27.8%14.0%
  0.0%2.1%
  11.1%7.0%
  6.5%4.8%
  0.0%4.7%
Health
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