Cushing, OK is a small town located approximately 50 miles northeast of Oklahoma City. It offers a variety of businesses and services, including restaurants, convenience stores, auto repair shops, banks, and doctors offices. The cost of living in Cushing is quite low compared to other parts of the state. For example, the 2 bedroom rent for Cushing is $880 which is much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Cushing is 92 compared to 100 in the US. This makes Cushing an affordable place to live for many families. Local companies such as Dollar General and H&R Block provide employment opportunities for locals while also helping keep prices low throughout the area.
Cushing has an unemployment rate of 3.4%. The US average is 6.0%.
Cushing has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Cushing
- The Sales Tax Rate for Cushing is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Cushing 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 Cushing
- The average income of a Cushing resident is $17,917 a year. The US average is $28,555 a year.
- The Median household income of a Cushing resident is $43,810 a year. The US average is $69,021 a year.