Fairland, OK Economy


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Fairland, OK is a wonderful place to settle down. It has a relatively low cost of living with two bedroom rents being around $820 compared to the US average of $1,430. Grocery costs in Fairland are also below the national average at 92 compared to 100 in the US. There are plenty of local businesses in Fairland including small retail stores, restaurants, and auto repair shops, providing a variety of options for residents who need day-to-day products and services. Overall, Fairland is an attractive place to live due to its lower cost of living and presence of local business options.

Fairland has an unemployment rate of 3.4%. The US average is 6.0%.

Fairland has seen the job market increase by 0.2% 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 Fairland
- The Sales Tax Rate for Fairland is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Fairland 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 Fairland
- The average income of a Fairland resident is $17,359 a year. The US average is $28,555 a year.
- The Median household income of a Fairland resident is $36,020 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairland, OklahomaUnited States
  3.46
  -1.4%-6.2%
  27.5%33.5%
  5.9%6.2%
  5.0%4.6%
  $19,196$37,638
  $36,020$69,021
  $43,036$85,028
  Population by Occupation
  1.3%1.2%
  1.7%0.5%
  3.2%6.8%
  13.9%10.0%
  1.7%2.5%
  7.4%11.0%
  2.7%4.8%
  1.3%0.8%
  0.0%1.9%
  2.5%4.7%
  0.8%1.9%
  3.2%7.6%
  0.0%0.1%
  2.9%4.2%
  8.2%9.3%
  20.2%14.0%
  7.6%2.1%
  8.4%7.0%
  7.8%4.8%
  5.3%4.7%
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