Colcord, OK is a small town located in the northeastern corner of Oklahoma. It offers its residents a low cost of living with two bedroom rents averaging $810 per month and grocery cost index at 94 versus 100 in the US. The area also has many local businesses to offer its residents such as Colcord Drug, NPO Logistics, A-Tech Fabrication and Landmark Bank. Residents are able to quickly access large city amenities due to its proximity to major cities like Tulsa, Oklahoma City and Fort Smith. All these factors make Colcord an attractive place for those looking for an affordable and family friendly lifestyle.
Colcord has an unemployment rate of 3.6%. The US average is 6.0%.
Colcord 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Colcord
- The Sales Tax Rate for Colcord is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Colcord 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 Colcord
- The average income of a Colcord resident is $15,302 a year. The US average is $37,638 a year.
- The Median household income of a Colcord resident is $27,679 a year. The US average is $69,021 a year.