Foss, OK Economy


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United States / Oklahoma / No Metro Area / Washita County / Foss / Zip Codes
Foss, OK is a small town located just west of the Oklahoma-Texas border. It is home to a variety of local businesses and attractions. The cost of living in Foss is lower than the national average due to the affordable rent - two bedroom rentals are typically around $650 compared to the U.S. average of $1,430. Groceries are cheaper too, with the Grocery Cost Index in Foss being 92 versus 100 in the U.S. Notable companies include Foss Feed & Mercantile which offers a wide array of products and services, as well as Troyer's Furniture that sells quality and stylish furniture pieces for every room in your house. If you're looking for something fun to do, Foss State Park is perfect for camping, fishing, hunting, or picnicking with family and friends.

Foss has an unemployment rate of 4.9%. The US average is 6.0%.

Foss has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Foss
- The Sales Tax Rate for Foss is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Foss 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 Foss
- The average income of a Foss resident is $28,393 a year. The US average is $37,638 a year.
- The Median household income of a Foss resident is $29,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoss, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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