Longtown, OK is a small town located in Oklahoma with a population of around 5,000 people. The cost of living in Longtown is more affordable than the average cost of living across the US. For instance, rent for a two-bedroom apartment is only $760 compared to the US average of $1,430. Additionally, Grocery Cost Index in Longtown is 92 versus 100 in the US. This means that groceries are relatively cheaper as well when compared to other places.
There are many local businesses located within Longtown that contribute to its unique culture and economy. These companies include Bob's Bait & Tackle, Heavy Horse Ranch Supply Co., and Ruth's Diner. All three have been long standing in Longtown for many years and offer great services to the residents of this small town.
Overall, Longtown is an ideal place for those looking to live somewhere with an affordable cost of living without compromising access to necessary amenities such as grocery stores or restaurants. It's also a great place to find local businesses that can provide specific services for those who live there.
Longtown has an unemployment rate of 5.5%. The US average is 6.0%.
Longtown has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Longtown
- The Sales Tax Rate for Longtown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Longtown 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 Longtown
- The average income of a Longtown resident is $24,050 a year. The US average is $28,555 a year.
- The Median household income of a Longtown resident is $52,785 a year. The US average is $69,021 a year.