Taft, OK is an ideal place to live for those looking for an affordable cost of living. With a 2 bedroom rent at just $630, it's nearly half the cost of the national average of $1,430. Grocery costs are also lower in Taft than the US average, with a grocery cost index of 92 compared to 100 in the US. The small town of Taft offers citizens local businesses such as Ace Hardware, Taft Market & Deli and Family Dollar. There are also plenty of outdoor activities available such as biking, fishing and camping. With its low-cost living and pleasant atmosphere, Taft is an attractive option for anyone looking for somewhere new to call home.
Taft has an unemployment rate of 4.7%. The US average is 6.0%.
Taft 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 Taft
- The Sales Tax Rate for Taft is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Taft 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 Taft
- The average income of a Taft resident is $12,510 a year. The US average is $28,555 a year.
- The Median household income of a Taft resident is $27,917 a year. The US average is $69,021 a year.