Okmulgee, OK is a thriving town with plenty to offer its residents. The cost of living is relatively low compared to other cities in the US, with an average 2 bedroom rent being $770, and a grocery cost index of 90 compared to 100 in the US. There are many great local businesses that contribute to the Okmulgee economy such as Hicks Motor Company, Lyric Theatre, and Z&H Foods LLC. Residents of Okmulgee enjoy these local establishments and benefit from having a wide variety of services available to them.
Okmulgee has an unemployment rate of 5.4%. The US average is 6.0%.
Okmulgee has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Okmulgee
- The Sales Tax Rate for Okmulgee is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Okmulgee 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 Okmulgee
- The average income of a Okmulgee resident is $22,004 a year. The US average is $37,638 a year.
- The Median household income of a Okmulgee resident is $36,258 a year. The US average is $69,021 a year.