Locust Grove, OK is a small town located in Mayes County with an estimated population of 2,521 people. It is known for its tranquil atmosphere and friendly locals. The cost of living in the area is relatively low; a two-bedroom rent costs $830 - significantly less than the national average of $1,430. Additionally, the local grocery cost index in Locust Grove is 93 versus 100 in the US. \nThe city has several businesses that offer a range of services to its residents. For example, there are local restaurants such as Daryls BBQ & Steakhouse, which serves up delicious home-cooked barbecue and American fare. There are also shops available such as Gracie's Boutique that sells fashionable apparel and accessories for women. Finally there are also service providers like Clyde's Towing & Recovery who can provide roadside assistance when needed.
Locust Grove has an unemployment rate of 3.7%. The US average is 6.0%.
Locust Grove has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Locust Grove
- The Sales Tax Rate for Locust Grove is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Locust Grove 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 Locust Grove
- The average income of a Locust Grove resident is $15,982 a year. The US average is $28,555 a year.
- The Median household income of a Locust Grove resident is $38,700 a year. The US average is $69,021 a year.