Mounds, OK Economy


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Mounds, OK is a small town located in Oklahoma. It is known for its friendly people and its rural beauty. While the population of Mounds is not included, it does offer an affordable living with an average 2 bedroom rent of $930 versus the US average of $1,430. Cost of living is also low with a Grocery Cost Index of 96 compared to 100 in the US. With its affordability and friendly town charm, there are many companies that have put down roots in Mounds over the years. Some notable businesses include NAPA Auto Parts, Walmart Supercenter, Dollar General, McDonald's Restaurant, Advance Auto Parts and more. Whether you are looking for rest or retail services, Mounds has something for everyone.

Mounds has an unemployment rate of 4.4%. The US average is 6.0%.

Mounds 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 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Mounds
- The Sales Tax Rate for Mounds is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Mounds 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 Mounds
- The average income of a Mounds resident is $18,157 a year. The US average is $28,555 a year.
- The Median household income of a Mounds resident is $38,846 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMounds, OklahomaUnited States
  4.46
  -3.7%-6.2%
  30.3%33.5%
  6.1%6.2%
  5.0%4.6%
  $22,497$37,638
  $38,846$69,021
  $44,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.0%6.8%
  15.6%10.0%
  2.4%2.5%
  14.1%11.0%
  4.6%4.8%
  0.0%0.8%
  1.0%1.9%
  5.1%4.7%
  1.5%1.9%
  2.4%7.6%
  0.0%0.1%
  0.7%4.2%
  15.6%9.3%
  13.4%14.0%
  2.4%2.1%
  2.7%7.0%
  9.0%4.8%
  1.2%4.7%
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