Grove, OK is a small city located in the Northeastern corner of Oklahoma. It is home to about 7,900 people and has a friendly, hometown feel that many residents enjoy. The cost of living in Grove is much lower than the national average with two bedroom rent being around $950 compared to $1,430 on a national level. Additionally, grocery costs are significantly lower with an index of 97 versus 100 for the country as a whole.
The local economy is rich with agricultural operations, manufacturing businesses, retail stores and more. Some of the larger employers are Harp’s Grocery Stores, Cherokee Casino Grove, Farmer’s Co-Op Oil Company and McClellan's Inc Pest Control Services. There are also plenty of outdoor recreational activities in the area like fishing, boating and camping at Grand Lake O' The Cherokees State Park or swimming at Wolf Creek Park and swimming pool. Overall Grove is a great place to live for those looking to save money and enjoy life in a rural community.
Grove has an unemployment rate of 3.6%. The US average is 6.0%.
Grove has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Grove
- The Sales Tax Rate for Grove is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Grove 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 Grove
- The average income of a Grove resident is $25,110 a year. The US average is $28,555 a year.
- The Median household income of a Grove resident is $45,184 a year. The US average is $69,021 a year.