Terlton, OK is an ideal place to live for anyone looking for affordable housing. The average cost of rent for a two bedroom apartment in Terlton is $860 compared to the US average of $1,430. Additionally, groceries are relatively inexpensive with a Grocery Cost Index of 92 versus the US average of 100. Living in Terlton provides access to local businesses like Joe's Bakery and the Terlton Farmers Market which both offer fresh local produce and baked goods. There are plenty of outdoor activities to enjoy in the area such as biking, fishing at Pecan Creek or taking a hike through Redbud Park. The town also offers monthly events like the Outdoor Summer Concert Series and an annual Quilt Festival.
Terlton has an unemployment rate of 4.2%. The US average is 6.0%.
Terlton has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Terlton
- The Sales Tax Rate for Terlton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Terlton 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 Terlton
- The average income of a Terlton resident is $14,410 a year. The US average is $28,555 a year.
- The Median household income of a Terlton resident is $43,750 a year. The US average is $69,021 a year.