Beaver, OK is a small town located in Oklahoma near the Texas border. The cost of living in Beaver is fairly low compared to the US average. The average two bedroom rent in Beaver is $810 while nationally it is $1,430. Additionally, the local grocery cost index is 90 versus 100 nationally. This makes Beaver an affordable place to live and work. In Beaver there are several local businesses providing employment such as B&B Grain Co., First National Bank & Trust Company, and Faith Technologies. There are also many surrounding towns offering job opportunities including Pampa and Perryton which are located within 25 miles of Beaver. All in all, Beaver offers an affordable cost of living with ample job opportunities both locally and nearby for those seeking a rural lifestyle with a tight knit community feel.
Beaver has an unemployment rate of 2.0%. The US average is 6.0%.
Beaver 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Beaver
- The Sales Tax Rate for Beaver is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Beaver 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 Beaver
- The average income of a Beaver resident is $28,010 a year. The US average is $28,555 a year.
- The Median household income of a Beaver resident is $49,722 a year. The US average is $69,021 a year.