Forest Park, OK Economy


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Forest Park, OK is a small town located in Oklahoma. It has a population of around 3,000 people and is known for its low cost of living. The average rent for a 2-bedroom apartment is about $990, which spares renters some money compared to the national average of $1,430. Prices at local grocery stores are also lower than the national index at 95 versus 100. There are many businesses that offer jobs in the area such as Walmart, Lowe's Home Improvement, and Burger King. Additionally, there are several smaller local businesses that provide services like Jim's Auto Repair and Kate's Bakery. With its affordable living costs and thriving economy, Forest Park offers residents an easy and stress-free life.

Forest Park has an unemployment rate of 4.4%. The US average is 6.0%.

Forest Park has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Forest Park
- The Sales Tax Rate for Forest Park is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Forest Park 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 Forest Park
- The average income of a Forest Park resident is $32,296 a year. The US average is $28,555 a year.
- The Median household income of a Forest Park resident is $83,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForest Park, OklahomaUnited States
  4.46
  -3.4%-6.2%
  31.7%33.5%
  8.6%6.2%
  5.0%4.6%
  $38,515$37,638
  $83,594$69,021
  $89,167$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  4.1%6.8%
  6.1%10.0%
  0.7%2.5%
  5.1%11.0%
  18.7%4.8%
  0.0%0.8%
  0.5%1.9%
  6.1%4.7%
  6.8%1.9%
  3.2%7.6%
  0.0%0.1%
  0.0%4.2%
  14.1%9.3%
  19.4%14.0%
  0.7%2.1%
  4.6%7.0%
  1.0%4.8%
  8.3%4.7%
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