Grand Lake Towne, OK Economy


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United States / Oklahoma / No Metro Area / Mayes County / Grand Lake Towne / Zip Codes
Grand Lake Towne, OK is a great place to live with affordable rent prices and cost of living. 2 Bedroom Rent in Grand Lake Towne, OK is significantly less expensive than the US average, at only $830 compared to $1,430. Additionally, the Grocery Cost Index in Grand Lake Towne is 93 versus 100 in the US which further illustrates its affordability. The town is home to many local companies such as Grand Lake Dental Care & Orthodontics and Grand Payroll Services, Inc., offering plenty of career opportunities. With its low rent prices and cost of living, Grand Lake Towne is an ideal place for anyone looking for a more affordable lifestyle.

Grand Lake Towne has an unemployment rate of 3.7%. The US average is 6.0%.

Grand Lake Towne has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Grand Lake Towne
- The Sales Tax Rate for Grand Lake Towne is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Grand Lake Towne 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 Grand Lake Towne
- The average income of a Grand Lake Towne resident is $30,365 a year. The US average is $37,638 a year.
- The Median household income of a Grand Lake Towne resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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