Hickory, OK Economy


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United States / Oklahoma / No Metro Area / Murray County / Hickory / Zip Codes
Hickory, OK is a great place to live and work. It is an affordable town with two bedroom rentals costing only $800 which is much lower than the US average of $1,430. The grocery cost index in Hickory, OK also stands at 93 compared to the national average of 100. Companies such as Hickory State Bank, All American Heating & Air Conditioning Inc., and Hickory's Choice Insurance Agency are keystone businesses in Hickory. With its affordability and diverse range of businesses, Hickory is an ideal place to call home.

Hickory has an unemployment rate of 4.4%. The US average is 6.0%.

Hickory has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Hickory
- The Sales Tax Rate for Hickory is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Hickory 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 Hickory
- The average income of a Hickory resident is $13,538 a year. The US average is $28,555 a year.
- The Median household income of a Hickory resident is $63,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHickory, OklahomaUnited States
  4.46
  -5.4%-6.2%
  21.4%33.5%
  6.5%6.2%
  5.0%4.6%
  $20,860$37,638
  $63,438$69,021
  $65,000$85,028
  Population by Occupation
  3.1%1.2%
  9.4%0.5%
  10.9%6.8%
  18.8%10.0%
  0.0%2.5%
  28.1%11.0%
  3.1%4.8%
  3.1%0.8%
  0.0%1.9%
  1.6%4.7%
  6.3%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.8%9.3%
  1.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  6.3%4.7%
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