Hastings, OK Economy


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United States / Oklahoma / No Metro Area / Jefferson County / Hastings / Zip Codes
Hastings, Oklahoma is a great place to live. The cost of living is much lower than the national average with the two bedroom rent at just $800 compared to $1,430 across the U.S. Additionally, grocery costs are 10% lower in Hastings, OK than the U.S., making it a very affordable place to live. Those looking for employment may find opportunities with local companies such as Hastings Auto Parts, The Pizza Place and T&S Supply Co. Along with these businesses, Hastings offers plenty of amenities such as outdoor recreation at the National Center for Employee Development (NCED) and community events held throughout the year including weekly farmers markets.

Hastings has an unemployment rate of 3.8%. The US average is 6.0%.

Hastings has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.

Tax Rates for Hastings
- The Sales Tax Rate for Hastings is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Hastings 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 Hastings
- The average income of a Hastings resident is $27,318 a year. The US average is $28,555 a year.
- The Median household income of a Hastings resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHastings, OklahomaUnited States
  3.86
  -0.4%-6.2%
  13.3%33.5%
  9.5%6.2%
  5.0%4.6%
  $68,170$37,638
  $42,500$69,021
  $43,750$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  36.1%6.8%
  0.0%10.0%
  0.0%2.5%
  5.6%11.0%
  0.0%4.8%
  2.8%0.8%
  0.0%1.9%
  8.3%4.7%
  2.8%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  2.8%9.3%
  25.0%14.0%
  0.0%2.1%
  0.0%7.0%
  5.6%4.8%
  5.6%4.7%
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