Dewar, OK is a small town with a population of about 500 people. It is located in Oklahoma's Creek County and is known for its rural beauty and friendly atmosphere. There are many local companies operating in Dewar, such as Dewar Mercantile, Dewar Produce Co., D & D Farms, and M&M Lawn Care. The cost of living in Dewar is quite affordable compared to the national average; rent for two-bedroom apartments can be as low as $840 per month and the Grocery Cost Index stands at 90 versus 100 nationally. This makes it an ideal location to live for those looking to save money while enjoying all that rural life has to offer.
Dewar has an unemployment rate of 5.4%. The US average is 6.0%.
Dewar has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Dewar
- The Sales Tax Rate for Dewar is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Dewar 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 Dewar
- The average income of a Dewar resident is $16,396 a year. The US average is $28,555 a year.
- The Median household income of a Dewar resident is $51,875 a year. The US average is $69,021 a year.