Dougherty, OK is a small city located in Oklahoma. It has an approximate population of 305, and the local cost of living is significantly lower than other cities in the United States. The 2 bedroom rent is around $740 and the Grocery Cost Index is 92 compared to 100 in the US. \nAs a result, Dougherty, OK serves as an affordable option to those who want to live in Oklahoma. The local economy has been thriving due to various businesses such as Bunting Oil & Gas, Foursons Well Service & Trucking LLC, Crop Production Services and Midwestern Ag Co-op Supply Corp. These companies are major employers in Dougherty, creating jobs for locals and positively impacting its economic growth.
Dougherty has an unemployment rate of 4.4%. The US average is 6.0%.
Dougherty has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Dougherty
- The Sales Tax Rate for Dougherty is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Dougherty 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 Dougherty
- The average income of a Dougherty resident is $24,689 a year. The US average is $37,638 a year.
- The Median household income of a Dougherty resident is $37,353 a year. The US average is $69,021 a year.