Marlow, OK is a small city located in Stephens County. It's known for its agricultural and energy production industries. Companies like Pioneer Natural Resources Company, Chesapeake Energy Corporation, and Helmerich & Payne, Inc are all based in Marlow. \nThe cost of living in Marlow is much lower than the US average; 2 bedroom rentals are almost half the national average at $760 per month. Groceries also cost significantly less with an index rating of 89 versus 100 nationally. The low cost of living makes it a desirable place to live and perfect for those who want to avoid the hustle and bustle of big cities.
Marlow has an unemployment rate of 5.0%. The US average is 6.0%.
Marlow has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 5.2%, which is lower than the US average of 33.5%.
Tax Rates for Marlow
- The Sales Tax Rate for Marlow is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Marlow 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 Marlow
- The average income of a Marlow resident is $21,123 a year. The US average is $28,555 a year.
- The Median household income of a Marlow resident is $48,451 a year. The US average is $69,021 a year.