Copan, OK is a small town in the northwestern corner of Oklahoma. It has a population of 1,772 people according to the most recent census. Rent for two-bedroom apartments is much lower than the US average at just $750 per month. Grocery costs are also relatively low given Copan’s Grocery Cost Index of 92 versus 100 for the US as a whole. Local businesses in Copan include First National Bank, Copan Coop and Nelson Appliance Store. Residents can also access services at multiple branches of the Washington County Library System which houses books and other media materials.
Copan has an unemployment rate of 4.2%. The US average is 6.0%.
Copan has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Copan
- The Sales Tax Rate for Copan is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Copan 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 Copan
- The average income of a Copan resident is $19,186 a year. The US average is $28,555 a year.
- The Median household income of a Copan resident is $27,363 a year. The US average is $69,021 a year.