Jones, OK is a small city located in Oklahoma with a population of approximately 1,300 people. It is known for its friendly atmosphere and strong sense of community. The economy in Jones is mostly based on agriculture, but there are also several small businesses that operate within the city limits. These businesses range from convenience stores to larger companies such as John Deere, which produces farm equipment. The cost of living in Jones is relatively low, with two bedroom rents averaging $900 compared to $1,430 in the US as a whole. In addition to rent being lower than the national average, groceries are also more affordable due to a grocery cost index of 97 compared to 100 at the national level. All together this makes Jones an attractive place for both residents and businesses alike.
Jones has an unemployment rate of 4.4%. The US average is 6.0%.
Jones 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 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Jones
- The Sales Tax Rate for Jones is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Jones 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 Jones
- The average income of a Jones resident is $25,525 a year. The US average is $28,555 a year.
- The Median household income of a Jones resident is $67,391 a year. The US average is $69,021 a year.