Davenport, OK Economy


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Davenport, OK is a beautiful town located in Lincoln County. With its quiet suburban atmosphere, Davenport has become an ideal choice for people who want to escape the hustle and bustle of larger cities. Despite being relatively small, Davenport offers plenty to do and see. The town is home to several local businesses such as Dave’s Supermarket, Farmer’s Market, and Davenport Floral and Garden Shop. All of these businesses offer a variety of goods and services that are sure to meet the needs of residents. Additionally, the rent rates in Davenport are lower than the national average at $850 for two-bedroom apartments, which makes living in this town even more affordable. Furthermore, the Grocery Cost Index in Davenport is 90 versus 100 in the US, making it incredibly convenient as well. For anyone looking for a peaceful place to call home with affordable amenities, Davenport is an excellent option.

Davenport has an unemployment rate of 3.6%. The US average is 6.0%.

Davenport 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 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Davenport
- The Sales Tax Rate for Davenport is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Davenport 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 Davenport
- The average income of a Davenport resident is $18,554 a year. The US average is $28,555 a year.
- The Median household income of a Davenport resident is $40,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDavenport, OklahomaUnited States
  3.66
  -2.8%-6.2%
  29.6%33.5%
  9.5%6.2%
  5.0%4.6%
  $19,833$37,638
  $40,833$69,021
  $44,643$85,028
  Population by Occupation
  1.2%1.2%
  2.0%0.5%
  11.0%6.8%
  6.9%10.0%
  0.0%2.5%
  12.7%11.0%
  11.0%4.8%
  0.0%0.8%
  1.2%1.9%
  10.2%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  2.4%4.2%
  4.1%9.3%
  10.6%14.0%
  3.3%2.1%
  9.4%7.0%
  9.4%4.8%
  3.3%4.7%
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