Nowata, OK is a small town located in the northeast corner of the state with a population of around 10,000. One benefit to living in Nowata is its cost of living. The average 2 bedroom rent in Nowata is $990 while it's $1,430 nationwide. The grocery cost index in Nowata is also lower than the national average at 92 compared to 100. This makes it an ideal area for those looking for affordability. \nNowata offers a variety of local businesses such as Empire Electric Co-op that provides service to residents, LSC Communications which offers printing services and now operates from their new location on Main Street, and A&M Diagnostics LLC which provides medical testing services. Each one of these businesses adds to the overall economy of the town while providing job opportunities for residents.
Nowata has an unemployment rate of 3.8%. The US average is 6.0%.
Nowata has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Nowata
- The Sales Tax Rate for Nowata is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Nowata 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 Nowata
- The average income of a Nowata resident is $16,726 a year. The US average is $28,555 a year.
- The Median household income of a Nowata resident is $35,793 a year. The US average is $69,021 a year.