Hydro, OK is a friendly and affordable town located in Caddo County. With an average two bedroom rent of just $780, Hydro provides residents with an affordable housing option. The cost of groceries is also lower than the national average, making it easier for families to make ends meet. Despite being a small town, Hydro has many attractions and local businesses that make it appealing to both locals and visitors alike. Popular destinations include the Rivers Edge Golf Course & Country Club, Okeene Wildlife Refuge, and the Sandstone Quarry Park. There are also many local restaurants and stores that provide unique amenities for residents. All in all, Hydro is a great place to call home due to its affordability and many attractions.
Hydro has an unemployment rate of 3.9%. The US average is 6.0%.
Hydro has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Hydro
- The Sales Tax Rate for Hydro is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Hydro 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 Hydro
- The average income of a Hydro resident is $29,473 a year. The US average is $37,638 a year.
- The Median household income of a Hydro resident is $32,734 a year. The US average is $69,021 a year.