Fairfax, OK Economy


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Fairfax, OK is a small rural town located in Osage County. It offers its residents a relaxing, peaceful atmosphere to call home. The cost of living in Fairfax is substantially lower than the national average, with a 2 bedroom rent only costing $800 compared to the US average of $1,430. Grocery costs are even more competitive at 89 versus 100 in the US. Thanks to this low cost of living, many local businesses have set up shop in Fairfax including D&S Feed & Supply and Andrew's Meat Market. Both stores provide quality products at affordable prices that can easily fit into any budget. With its low cost of living and abundance of local businesses, Fairfax is an ideal place for people looking for a relaxed lifestyle without breaking the bank.

Fairfax has an unemployment rate of 4.3%. The US average is 6.0%.

Fairfax 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 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Fairfax
- The Sales Tax Rate for Fairfax is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Fairfax 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 Fairfax
- The average income of a Fairfax resident is $17,106 a year. The US average is $28,555 a year.
- The Median household income of a Fairfax resident is $39,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfax, OklahomaUnited States
  4.36
  -3.5%-6.2%
  27.5%33.5%
  8.8%6.2%
  5.0%4.6%
  $23,159$37,638
  $39,464$69,021
  $51,339$85,028
  Population by Occupation
  2.4%1.2%
  5.0%0.5%
  9.7%6.8%
  5.9%10.0%
  3.3%2.5%
  9.7%11.0%
  4.3%4.8%
  4.0%0.8%
  0.0%1.9%
  1.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.1%4.2%
  6.2%9.3%
  21.1%14.0%
  3.1%2.1%
  9.5%7.0%
  4.8%4.8%
  6.4%4.7%
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