Braman, OK Economy


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Braman, OK is a great place to live in with its affordable housing and cost of living. According to recent data, the average 2 bedroom rent in Braman is $710 compared to the national average of $1,430. In addition, the grocery cost index in Braman is 91 compared to 100 on a national level. This makes Braman an attractive option for people looking for affordable living without sacrificing quality. Local companies that have made an impact on Braman include SGS Automotive – an auto repair shop, and C & P Towing – a towing company providing services 24/7. All these features make Braman an ideal place for families looking for low-cost living with good services at their disposal.

Braman has an unemployment rate of 4.5%. The US average is 6.0%.

Braman has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Braman
- The Sales Tax Rate for Braman is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Braman 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 Braman
- The average income of a Braman resident is $26,683 a year. The US average is $28,555 a year.
- The Median household income of a Braman resident is $24,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBraman, OklahomaUnited States
  4.56
  -2.5%-6.2%
  22.4%33.5%
  5.2%6.2%
  5.0%4.6%
  $25,582$37,638
  $24,583$69,021
  $58,750$85,028
  Population by Occupation
  4.2%1.2%
  6.3%0.5%
  10.4%6.8%
  10.4%10.0%
  0.0%2.5%
  14.6%11.0%
  8.3%4.8%
  0.0%0.8%
  4.2%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.2%9.3%
  6.3%14.0%
  12.5%2.1%
  10.4%7.0%
  4.2%4.8%
  4.2%4.7%
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