Horntown, OK is a small, rural town located in the southwestern part of Oklahoma. It has a population of approximately 600, and its main industry is agriculture. Despite its small size, Horntown offers plenty to do for its residents. Notable local businesses include the Horntown Grocery Store which offers affordable grocery items, and the Horntown Cafe which serves traditional American dishes. The city also boasts a variety of outdoor recreational activities such as fishing, hunting, and camping in nearby nature parks. The cost of living in Horntown is low; 2 bedroom rentals are around 710 dollars per month compared to 1430 dollars on average for the US. Even groceries are cheaper with the Grocery Cost Index being 91 in comparison to 100 in the US on average. All these factors make Horntown an attractive place for people looking for an affordable place to live close to nature.
Horntown has an unemployment rate of 5.5%. The US average is 6.0%.
Horntown has seen the job market decrease by -1.7% 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 Horntown
- The Sales Tax Rate for Horntown is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Horntown 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 Horntown
- The average income of a Horntown resident is $22,249 a year. The US average is $37,638 a year.
- The Median household income of a Horntown resident is $56,875 a year. The US average is $69,021 a year.