Lone Wolf, OK is a small town located in Kiowa County. It is conveniently located near larger cities such as Lawton and Wichita Falls for those needing access to more amenities. The local businesses include Ives General Store and Lone Wolf Supermarket which both provide groceries and other necessities at competitive prices. The cost of living in Lone Wolf is quite affordable with the average rent for a two-bedroom house at $850 and the grocery cost index at 88 compared to 100 nationally. This makes it an ideal place to live for individuals or families looking for a peaceful area at an inexpensive rate.
Lone Wolf has an unemployment rate of 3.6%. The US average is 6.0%.
Lone Wolf has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 5.7%, which is lower than the US average of 33.5%.
Tax Rates for Lone Wolf
- The Sales Tax Rate for Lone Wolf is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lone Wolf 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 Lone Wolf
- The average income of a Lone Wolf resident is $23,179 a year. The US average is $28,555 a year.
- The Median household income of a Lone Wolf resident is $41,250 a year. The US average is $69,021 a year.