Camargo, OK Economy


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United States / Oklahoma / No Metro Area / Dewey County / Camargo / Zip Codes
Camargo, OK is a small town in Oklahoma with a population of about 350 people. This quaint town offers several local amenities such as stores like D&L Grocery and Hardware, an auto garage, and a post office. The cost of living in Camargo is quite low compared to the US average. For instance, the rent for a two-bedroom apartment is $720 compared to the national average of $1,430. Similarly, the grocery cost index in Camargo is 92 versus 100 across the country. All this makes Camargo an attractive place to live with an affordable lifestyle while still having access to all necessary amenities.

Camargo has an unemployment rate of 3.4%. The US average is 6.0%.

Camargo has seen the job market increase by 7.4% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Camargo
- The Sales Tax Rate for Camargo is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Camargo 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 Camargo
- The average income of a Camargo resident is $15,631 a year. The US average is $28,555 a year.
- The Median household income of a Camargo resident is $32,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCamargo, OklahomaUnited States
  3.46
  -8.2%-6.2%
  42.5%33.5%
  10.3%6.2%
  5.0%4.6%
  $20,974$37,638
  $32,500$69,021
  $55,000$85,028
  Population by Occupation
  16.1%1.2%
  2.2%0.5%
  5.4%6.8%
  8.6%10.0%
  0.0%2.5%
  18.3%11.0%
  6.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.2%7.6%
  0.0%0.1%
  0.0%4.2%
  11.8%9.3%
  10.8%14.0%
  0.0%2.1%
  3.2%7.0%
  0.0%4.8%
  14.0%4.7%
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