Friendship, OK is a small town located in the western region of Oklahoma. The population is small but it is growing due to its scenic views and ideal location. Despite its small size, Friendship boasts a variety of local businesses and services that make life easier for its residents. Popular stores include Dollar General and Walgreens, while popular restaurants like Arby's, Subway and Burger King attract visitors from neighboring towns.
The cost of living in Friendship is relatively low compared to the US as a whole. For example, the average 2 bedroom rent in Friendship is $710 compared to $1,430 in the US on average. The Grocery Cost Index in Friendship is 88 versus 100 in the US, showing that food costs are lower here than they would be elsewhere. This means that locals can enjoy a higher quality of life despite their smaller pocketbook.
Friendship has an unemployment rate of 3.0%. The US average is 6.0%.
Friendship has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Friendship
- The Sales Tax Rate for Friendship is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Friendship 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 Friendship
- The average income of a Friendship resident is $29,130 a year. The US average is $37,638 a year.
- The Median household income of a Friendship resident is $0 a year. The US average is $69,021 a year.