Bokchito, OK is a small town located in the south of Oklahoma. It has a population of just over 1,000 and is known for its idyllic countryside setting. The cost of living in Bokchito is significantly lower than the US average which is especially nice for those looking for a more affordable lifestyle. 2 bedroom rents are roughly $860 compared to the US average of $1,430, while the Grocery Cost Index in Bokchito is 94 versus 100 in the US.
The town itself offers plenty to do with several local businesses including grocery stores, restaurants, banks and other amenities. Additionally, there are many outdoor activities available such as boating on Lake Texoma State Park or bicycling through the historic downtown area.
For those considering relocating to Bokchito, it provides an amazing opportunity to enjoy a slower pace of life without sacrificing access to the basic necessities. With low housing prices and an enjoyable quality of life, it could be an ideal choice for families looking to escape city life.
Bokchito has an unemployment rate of 3.6%. The US average is 6.0%.
Bokchito has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.
Tax Rates for Bokchito
- The Sales Tax Rate for Bokchito is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Bokchito 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 Bokchito
- The average income of a Bokchito resident is $17,474 a year. The US average is $28,555 a year.
- The Median household income of a Bokchito resident is $31,875 a year. The US average is $69,021 a year.