Oak Grove, TX is a great place to live for those looking for affordable housing and grocery costs. It has recently become a popular location among people looking for cost-effective living alternatives. With two bedrooms renting out at $1,300, the average rent in Oak Grove is considerably lower than the US average of $1,430 per month. When it comes to groceries, Oak Grove offers an even better deal with the Grocery Cost Index rating 96 compared to 100 in the US.
The city of Oak Grove also provides excellent amenities such as parks and recreational facilities managed by local companies like Smiley's Sports Store and Arcadia Park. The local businesses are part of what makes Oak Grove such a wonderful community - from casual eateries like 'Garden Gate Cafe' to 'Petals & Things', there is something for everyone in this friendly neighborhood. For those who want an affordable lifestyle without sacrificing quality of life, Oak Grove is an ideal destination.
Oak Grove has an unemployment rate of 6.3%. The US average is 6.0%.
Oak Grove has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.
Tax Rates for Oak Grove
- The Sales Tax Rate for Oak Grove is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oak Grove
- The average income of a Oak Grove resident is $30,930 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove resident is $102,656 a year. The US average is $69,021 a year.