Crescent, OK Economy


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equestId":"a2b7a051-5ba0-4900-8980-77a3546ff044","resource":"content","data":[{"id":"txt_e56bc80deb7248b3aa8312e52466d777","text":" and jobs\n \nCrescent, OK is a small town with a population of around 1,100 citizens. It is located in the southwestern part of Oklahoma and offers an affordable cost of living. The average price for a two bedroom apartment rent in Crescent, OK is only $940 per month, which is 37% lower than the United States average of $1,430. Groceries are also more affordable in Crescent with an index rating of 92 compared to 100 for the US as a whole. The local economy consists mainly of farming and cattle raising operations but there are also several small businesses including grocery stores, gas stations, restaurants, auto repair shops and lumber yards. These businesses provide employment opportunities for local residents such as cashiers, waiters/waitresses, mechanics, sales associates and truck drivers.

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

Crescent has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Crescent
- The Sales Tax Rate for Crescent is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Crescent 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 Crescent
- The average income of a Crescent resident is $18,415 a year. The US average is $28,555 a year.
- The Median household income of a Crescent resident is $46,612 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrescent, OklahomaUnited States
  3.46
  -3.0%-6.2%
  32.3%33.5%
  5.3%6.2%
  5.0%4.6%
  $24,569$37,638
  $46,612$69,021
  $61,250$85,028
  Population by Occupation
  0.0%1.2%
  5.8%0.5%
  8.5%6.8%
  7.1%10.0%
  5.8%2.5%
  17.1%11.0%
  10.0%4.8%
  4.8%0.8%
  0.0%1.9%
  7.6%4.7%
  1.7%1.9%
  2.2%7.6%
  0.0%0.1%
  4.1%4.2%
  9.3%9.3%
  4.6%14.0%
  1.9%2.1%
  1.2%7.0%
  5.3%4.8%
  3.1%4.7%
Health
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