Lone Grove, OK Economy


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Lone Grove, OK is a small town situated in Oklahoma’s Carter County. It is a great place for those looking to buy or rent a home on a budget; the 2 bedroom median rent is only $860! The Grocery Cost Index also reflects this affordability with an index rating of 93 compared to the US average of 100. Lone Grove is home to some great businesses including Lone Grove Grocery, Lone Grove Cafe, B & W Repair Shop and Anderson Plumbing. There are many more local establishments that make Lone Grove an amazing place to live and work.

Lone Grove has an unemployment rate of 4.2%. The US average is 6.0%.

Lone Grove has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Lone Grove
- The Sales Tax Rate for Lone Grove is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Lone 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 Lone Grove
- The average income of a Lone Grove resident is $19,884 a year. The US average is $28,555 a year.
- The Median household income of a Lone Grove resident is $65,434 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLone Grove, OklahomaUnited States
  4.26
  -3.5%-6.2%
  23.8%33.5%
  9.3%6.2%
  5.0%4.6%
  $28,826$37,638
  $65,434$69,021
  $71,713$85,028
  Population by Occupation
  0.9%1.2%
  2.6%0.5%
  4.5%6.8%
  9.8%10.0%
  2.3%2.5%
  16.5%11.0%
  5.5%4.8%
  0.5%0.8%
  0.0%1.9%
  4.5%4.7%
  1.1%1.9%
  3.4%7.6%
  0.7%0.1%
  3.2%4.2%
  7.2%9.3%
  14.2%14.0%
  3.6%2.1%
  7.5%7.0%
  7.0%4.8%
  5.1%4.7%
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