Elm Grove, OK is a small town situated in Oklahoma. It is known for its friendly atmosphere and has numerous local companies that help make it a great place to live. These include stores like Walmart, Target, and Kroger as well as restaurants such as Panera Bread and Chili's. The cost of living in Elm Grove is quite reasonable compared to other areas of Oklahoma. Renting a two bedroom apartment costs only $820 per month while the average rate for the US is $1,430 per month. Additionally, the Grocery Cost Index for Elm Grove stands at 92 against 100 in the US. This makes it a great place to settle down with family or simply to enjoy a more economical lifestyle than most urban areas offer.
Elm Grove has an unemployment rate of 3.7%. The US average is 6.0%.
Elm Grove has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Elm Grove
- The Sales Tax Rate for Elm Grove is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Elm Grove 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 Elm Grove
- The average income of a Elm Grove resident is $13,464 a year. The US average is $37,638 a year.
- The Median household income of a Elm Grove resident is $0 a year. The US average is $69,021 a year.