Mustang, OK is a vibrant and growing community situated just outside of Oklahoma City. With excellent schools and a strong job market, Mustang is an attractive option for families and professionals alike. The cost of living in Mustang is relatively low compared to the US average. For example, 2-bedroom rental prices are $1,200 versus $1,430 nationally. Furthermore, the grocery cost index in Mustang is 98 compared to 100 in the US. Local companies in Mustang include a variety of businesses such as Jubilee Donuts & Deli, McKee’s Auto Repair, Cody’s Lawn & Landscaping and J&R Automotive & Towing.
Mustang has an unemployment rate of 3.4%. The US average is 6.0%.
Mustang has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Mustang
- The Sales Tax Rate for Mustang is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Mustang 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 Mustang
- The average income of a Mustang resident is $37,687 a year. The US average is $37,638 a year.
- The Median household income of a Mustang resident is $80,817 a year. The US average is $69,021 a year.