Fairfield, OK Economy


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United States / Oklahoma / No Metro Area / Adair County / Fairfield / Zip Codes
Fairfield, OK is a small town with a population of 2,000 people. It has a beautiful landscape with rolling hills, lakes, and lush vegetation. The cost of living in Fairfield is quite affordable; for instance, the average 2 bedroom rent is only $820 which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Fairfield is 92 versus the U.S benchmark of 100 making groceries more accessible to its residents. \nThere are many local businesses in Fairfield such as Brown's Oil & Gas Company who specialize in oil field services and transportation management; J&J Plumbing who offer professional plumbing services; Bacon's Building Supply Co., which provides building supplies and home improvement materials; and Hale Insurance Agency Inc., which provides insurance services to clients throughout Oklahoma. \nIn all, Fairfield offers a safe haven to families looking for an affordable place to live and work while still being close to the big cities. Its low cost of living makes it easier for newcomers to live comfortably while they save money and take advantage of its amenities. The town also boasts excellent schools and recreational activities that keep its residents engaged throughout the year.

Fairfield has an unemployment rate of 3.7%. The US average is 6.0%.

Fairfield 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 Fairfield
- The Sales Tax Rate for Fairfield is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield
- The average income of a Fairfield resident is $17,682 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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