Miami, OK is a small city located in the southwestern corner of the state. It is home to around 13,000 people and has an area of about 10 square miles. Despite its size, Miami has many amenities that make it an attractive place to live. The cost of living is low with 2 bedroom rent costing $790 compared to the US average of $1,430 and a grocery cost index of 91 versus 100 in the US. Local companies include North Fork Distributing, FLW Inc., Spherion Staffing Solutions, and Wesley Medical Center. Miami also offers plenty of places to eat and shop - including Evergreen Grocery & Deli, Burger King, Big Lots and KFC - as well as recreational activities at local parks such as East Park or Shirk Slough Reservoir.
Miami has an unemployment rate of 3.4%. The US average is 6.0%.
Miami has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Miami
- The Sales Tax Rate for Miami is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Miami 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 Miami
- The average income of a Miami resident is $17,906 a year. The US average is $28,555 a year.
- The Median household income of a Miami resident is $39,248 a year. The US average is $69,021 a year.