Bethel Acres, OK is a small town located in Oklahoma County. It is known for its affordability and offers many amenities to its residents. The average two-bedroom rent in Bethel Acres is only $840, which is much lower than the national average of $1,430. This area also has a very low cost of living index as compared to the US overall, with a grocery cost index of 91 versus 100 in the US.
The local economy consists mainly of services and small businesses such as restaurants, banks, and convenience stores. Also present are several manufacturing companies like American Plastics Company and Eagle Manufacturing Corporation, both located in Bethel Acres.
Overall, Bethel Acres offers great value for individuals looking to save money on their housing costs. With its low rent prices and general cost of living index ratings, it makes sense why this small town has become an attractive option for those looking to stay within budget while still enjoying all that this city has to offer.
Bethel Acres has an unemployment rate of 4.2%. The US average is 6.0%.
Bethel Acres has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Bethel Acres
- The Sales Tax Rate for Bethel Acres is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Bethel Acres 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 Bethel Acres
- The average income of a Bethel Acres resident is $28,887 a year. The US average is $37,638 a year.
- The Median household income of a Bethel Acres resident is $72,647 a year. The US average is $69,021 a year.